IMPORTANT NOTICE ELECTRONIC LIEN SERVICES (ELS) NEW LEGISLATION
ELECTRONIC MOTOR VEHICLE LIEN RELEASE REQUIRED WITHIN REQUIRED TIME
EFFECTIVE JANUARY 1, 2021
Attention: Lien Holder and Dealer Associates:
The purpose of this notice is to advise lien holders and dealers who offer the service of financing motor vehicles liens, and regularly engage in the business or practice of financing motor vehicles, of changes in the law for submitting lien releases electronically within the required time as specified in Maryland Vehicle Law 13-108.1.
SUMMARY OF LIEN RELEASE REQUIREMENTS
The Maryland Department of Transportation Motor Vehicle Administration (MDOT MVA) is informing lien holders that, as of January 1, 2021, all lien holders and dealers who offer the service of financing motor vehicle liens, and engage in the business or practice of financing motor vehicles, are required to:
- Electronically submit their lien releases to the MDOT MVA, through their selected Electronic Lien Service (ELS) vendor, within 5 business days of receiving full payment for a motor vehicle lien, and
- If a lien holder/dealer meets the above qualifications and is not already a participant of ELS, they need to contract with one of the specified vendors listed below for ELS in Maryland before January 1, 2021.
Once a lien holder contracts with an ELS vendor, in addition to sending their lien releases electronically to their vendor for submission to the MDOT MVA, ELS-participating lien holders will also receive electronic notifications of liens recorded on their behalf on Maryland titles. The MDOT MVA will not send a Notice of Security Interest Filing paper document to any lienholder signed up for ELS, unless title maintenance (i.e. correction) is performed outside the ELS system.
CONTRACTING WITH AN ELS VENDOR
To contract with a vendor for ELS and/or apply for a lien code, please use the following form and contact the
vendor of your choice below:
The following vendors have contracted with the MVA to provide Electronic Lien Service