(a) Before exercising the right to sell property that has been seized under this title, a lienholder shall give to the forfeiting authority:
(1) written notice of the intention to sell;
(2) copies of documents giving rise to the lien;
(3) an affidavit under oath by the lienholder:
(i) stating that the underlying obligation is in default; and
(ii) stating the reasons for the default.
(b) On request of the lienholder, the forfeiting authority shall release the property to the lienholder.