Private Sale - question about an outstanding lien
I’m currently making a deal with a private car seller and essentially his wrx sti is currently being financed and unfortunately he decided to move abroad for a year so he’s out of the country. Before he left he had signed the UVIP and ownership but however the uvip says there’s a lien on it. He ensured me that he would pay his bank and get a statement letter of release by his bank but the thing is would the uvip or ministry update the lien right away after he’s paid off such that we will need a brand new uvip? Because I’m afraid that because he’s out of the country, if I sign the old one with the lien on it, it’ll cause problems later?
My question is,
Do I use the uvip he signed that says there’s a lien on it and take a copy of his letter of release and show ministry? Or do we need to print a brand new uvip right away and figure out how he’s gonna sign it?
Any tips will be appreciated. I’m Hesitant because I’ve never purchased a financed car before or have been in this situation.
Reason: Title edit