The Department of Motor Vehicles' MV-103 form, originating from the state of South Carolina, serves as a crucial tool for ensuring transparency and accountability in the vehicle registration process. This affidavit of responsibility introduces a systematic approach to address challenges associated with vehicles that are registered without a prior title, or those coming from states or countries where lienholders are not mandatorily named on the certificate of title. The form highlights the addition of an "Undisclosed Lien" legend to the title, as per the mandates of SC DMV Policy TI-006 and SC Code of Law §56-19-300, thereby safeguarding the interests of all parties involved. It specifies that this designation, which warns of the possibility of unknown liens, will remain for a stipulated period of 120 days, offering a window for any claims or discrepancies to be brought forward. Beyond this, it lays out the conditions under which the brand may be removed, namely through the request of a new title accompanied by the settlement of associated fees. Furthermore, the document spells out the responsibilities of the vehicle buyer or owner in declaring their efforts to uncover any existing liens and assumes accountability for any undiscovered claims against the vehicle, thus emphasizing the seriousness and importance of thorough due diligence in vehicle transactions. This form not only plays a pivotal role in the protection of consumer rights but also in the maintenance of the integrity of the vehicle registration system.
Question | Answer |
---|---|
Form Name | Dmv Form Mv 103 |
Form Length | 1 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 15 sec |
Other names | form 103a dmv, sc dmv form 103, form 103, form 103a |
South Carolina Department of Motor Vehicles
AFFIDAVIT OF RESPONSIBILITY
(Rev. 5/09)
The legend/brand “Undisclosed Lien” will be added to the title whenever this form is used. This is in accordance with SC DMV Policy
SC DMV Policy
the title for 120 days. At the end of the 120 days, the brand can be removed if the customer requests a new title and pays the appropriate fees.
SECTION
A distinctive certificate of title shall be issued for a vehicle last previously registered in another state or country, the
laws of which do not require that lienholders be named on a certificate of title to perfect their security interests. The certificate shall contain the legend, “THIS VEHICLE MAY BE SUBJECT TO AN UNDISCLOSED LIEN,” and may
contain any other information the Department of Motor Vehicles prescribes.
Acceptance of this form does not waive any other requirements for documentation by the
Department of Motor Vehicles.
I, ___________________________________________________________________________________,
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am the buyer/owner of the following motor vehicle: MAKE: ____________ MODEL: ______________
YEAR: ________ VEHICLE IDENTIFICATION NUMBER: __________________________________
I/we have exhausted all remedies in an attempt to obtain the previously issued title for the above described motor vehicle.
To my knowledge, there are no outstanding liens on the vehicle except those listed on the Department of
Motor Vehicle’s application for certification of title/registration (Form 400).
By my signature below, I accept full responsibility if any other liens or other encumbrances exist against the above described vehicle.
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