Car Lien Agreement Template

You can open the Car Lien Agreement Template in multiple formats, including PDF, Word, and Google Docs.

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Car Lien Agreement Template

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Car Lien Agreement Template (1)

Between:
[Name of the Lien Holder]
[Lien Holder’s ID]
[Lien Holder’s Address]
[Lien Holder’s Phone]
[Lien Holder’s Email]

And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]

Introduction:
This document serves as a formal agreement to establish a lien on the vehicle described herein, signed on [Contract Date], which secures the payment obligations of the Borrower.

Clause 1: Description of the Vehicle
The vehicle subject to this lien is described as follows: [Make, Model, Year, VIN].

Clause 2: Loan Amount
The total amount of the loan being secured by this lien is [Amount], which the Borrower acknowledges as debt owed to the Lien Holder.

Clause 3: Payment Terms
The Borrower agrees to repay the loan amount under the following terms: [Specify payment schedule and terms].

Clause 4: Default Conditions
In case of default, the Lien Holder has the right to take possession of the vehicle under the following conditions: [Specify conditions for default and repossession procedures].

Clause 5: Governing Law
This agreement will be governed by the laws of [Jurisdiction].

Signed in [City], [Date].

Sincerely,
[Signature of the Lien Holder]
[Name of the Lien Holder]
[Signature of the Borrower]
[Name of the Borrower]

Car Lien Agreement Template (2)

Between:
[Name of the Lien Holder]
[Lien Holder’s ID]
[Lien Holder’s Address]
[Lien Holder’s Phone]
[Lien Holder’s Email]

And:
[Name of the Borrower]
[Borrower’s ID]
[Borrower’s Address]

Introduction:
This Car Lien Agreement establishes a legal lien against the vehicle for the loan amount of [Loan Amount] as agreed upon by the parties on [Contract Date].

Clause 1: Vehicle Information
The lien is applied to the following vehicle: [Make, Model, Year, VIN, License Plate Number].

Clause 2: Loan Terms
The Lien Holder agrees to lend the Borrower [Amount] under the following terms: [Detail interest rate, payment schedule and any fees].

Clause 3: Default and Remedies
In the event of default by the Borrower, the Lien Holder may repossess the vehicle after providing written notice under the circumstances: [Specify default conditions and notice requirements].

Clause 4: Transfer of Ownership
Upon full payment of the loan amount, the Lien Holder will release any claim to the vehicle and transfer ownership back to the Borrower.

Clause 5: Entire Agreement
This document constitutes the entire agreement between the parties and supersedes any prior agreements or understandings regarding the lien.

Signed in [City], [Date].

Sincerely,
[Signature of the Lien Holder]
[Name of the Lien Holder]
[Signature of the Borrower]
[Name of the Borrower]

Template Online

Form

Please complete the form below to create the Car Lien Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Car Lien Agreement Template

1. Lien Holder Information

2. Borrower Information

3. Vehicle Information

4. Agreement Amount

5. Payment Terms

6. Default Terms

7. Consent for Lien Filing

8. Governing Law

9. Acknowledgment and Signatures

10. Declaration and Signatures

I declare that the information provided is accurate and truthful.

I accept the terms of the agreement and commit to fulfilling the outlined conditions.

Date:

Lien Holder’s Signature:

Borrower’s Signature:

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Car Lien Agreement Template

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