Does getting the vehicle green book mean it's yours?

[Pereira]

When all loans are fully repaid, you need to bring all your documents to complete the release of mortgage procedures. Only after these procedures are finalized can you obtain your own green book, at which point the vehicle truly belongs to you. Methods to obtain the vehicle green book: Collect it from a bank branch. The green book refers to the Motor Vehicle Registration Certificate, which represents the vehicle's identity and ownership, similar to a property deed. The difference is that property deeds have red covers while motor vehicle certificates have green covers. For vehicles purchased through installment loans, the Motor Vehicle Registration Certificate must be mortgaged, and it can only be obtained after full repayment. Introduction to the vehicle green book: The vehicle green book is the 'Motor Vehicle Registration Certificate,' essentially the vehicle's household register, commonly called the green book due to its green cover. The motor vehicle green book records detailed information about the vehicle and is kept by the vehicle owner, not carried with the vehicle.