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C O L L E G E o f B U S I N E UNDERGRADUATE INTERNSHIP PROGRAM COLLEGE OF BUSINESSDEADLINE FOR Spring 2019: Tuesday, January 8, 2019* *Applies to submission of all forms (1, 2, & 3)One approved internship

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What is c o l l?

COLL stands for cash out letter of lien.

Who is required to file c o l l?

Banks or financial institutions who hold a lien on a property are required to file COLL.

How to fill out c o l l?

COLL can be filled out online through the appropriate regulatory agency's website.

What is the purpose of c o l l?

The purpose of COLL is to notify the regulatory agency that the lien on a property has been fully paid off and released.

What information must be reported on c o l l?

Information such as the property owner's name, property address, lien holder's information, and confirmation of the lien release must be reported on COLL.

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