Pennsylvania law requires secured parties to release their security interest in snowmobiles and ATVs by mailing or delivering a signed statement of release along with the title to the owner. The Department of Transportation then issues a corrected title reflecting the release. The law also clarifies that security interests remain valid until officially satisfied or released through proper documentation.
The secured party must mail or deliver a signed statement of release along with the certificate of title to the owner, or apply to the Department for a corrected title.
The Department issues a corrected certificate of title without the security interest, mailed to the owner or the remaining secured party if applicable.
It remains valid until the secured party provides written evidence of satisfaction or release, and the Department removes the indorsement.
Yes, upon receipt of the release statement and original title, the Department will issue a corrected title reflecting the release.