MV-900

The New York State Department of Motor Vehicles (DMV) form MV-900, titled Notice of Lien, is a legal document used to record a security interest on a vehicle, boat, trailer, or manufactured home. It is primarily utilized by financial institutions or individual lenders to ensure their lien is officially recognized and printed on the owner's Certificate of Title. The filing process requires a $5 fee paid by the lender and must include the original signature of both the owner and the lienholder.

To successfully record a lien, the owner's information on the MV-900 must exactly match the records on the Certificate of Title. If a title has already been issued, it must be submitted along with the form to the DMV Title Bureau in Albany. Once processed, the DMV issues a new title certificate to the owner that includes the lienholder's name. Form MV-900 is essential for perfecting security interests in private sales, out-of-state dealer sales, or when a vehicle is used as collateral for a loan. For lienholders with DMV charge accounts, a variation of the form, MV-900.1, is used instead.