Are you a vehicle owner or planning to buy one soon? It's important to understand the legal aspects associated with owning a car, and that includes beneficiaries. Beneficiary designation is essential for many documents related to your car - including states' Vehicle Registration Forms. Knowing who would be legally responsible if something happened to the vehicle can help keep your finances and assets in check in unfortunate events. In this blog post, we’ll discuss an especially important form - VR 471 Beneficiary Designation Vehicle Form - and why it's critical for all vehicle owners.
Question | Answer |
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Form Name | Vr 471 Beneficiary Designation Vehicle Form |
Form Length | 2 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 30 sec |
Other names | mva maryland online services, mva maryland online, beneficiary ownership of vehclice, maryland mva beneficiary form |
MOTOR VEHICLE ADMINISTRATION
6601 Ritchie Highway, N.E. Glen Burnie, Maryland 21062
Beneiciary Designation For Vehicle Title
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See Instructions on Reverse |
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TRANSFER UPON DEATH |
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Use this form if sole owner of a vehicle wants to designate a beneiciary. |
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VEHICLE INFORMATION |
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Maryland Title Number |
Year |
Make |
Vehicle Identiication Number |
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OWNER INFORMATION |
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Name of Owner: |
First |
Middle |
Last |
Owner’s Driver License / Soundex Number
Date of Birth
Address:
County |
City |
State |
Zip Code |
Please Note: To name a beneiciary, the vehicle cannot currently have a
NAME OF BENEFICIARY
Name of Beneiciary
Date of Birth (Optional)
Relationship to Vehicle Owner (If there is no relationship, indicate “None”)
Please Note: Only one beneiciary may be named.
Certiication and Indemnity Agreement
I certify, under penalty of perjury, that the statements on this form are true and correct, and I will defend, indemnify,
and hold the Motor Vehicle Administration harmless against any claim from anyone contesting the validity of the named beneiciary and issuance of a title to that beneiciary. I further certify that there are no liens or encumbrances
against the vehicle and no money or other valuable consideration was involved upon the transfer of this vehicle to the beneiciary.
Witness my Hand and Seal this _____________________________ day of _________________________ , 20 ________ .
______________________________________________________________
Signature of Owner
For more information, please call:
TTY for the hearing impaired:
Instructions
Procedures for Designating a Beneiciary on a Vehicle Title
This form is to be completed when a vehicle owner is designating a beneiciary to receive
ownership of a vehicle upon their death. Since the designation must be made prior to the death of the individual, the vehicle will not be considered part of the estate, therefore “not” requiring letters of administration for transfer.
Requirements and Instructions:
•Vehicle must be solely owned and currently titled in Maryland.
•Only one beneiciary can be named; which can be either an individual or a business entity.
•This form must be completed and signed prior to the death of the vehicle owner and submitted along with the title to the MVA, when
•The vehicle must be free of liens or encumbrances. Liens resulting after the naming of a beneiciary will require a lien release prior to
•No inspection is required if the beneiciary is an immediate family member (spouse, child or parent of the deceased).
•Tags may be transferred if the vehicle is transferred to a member of the immediate family.
All other transfers will require the purchase of new registration plates.
•The vehicle owner must assign the title to the beneiciary and should place TOD (Title on
Death) behind their signature.
•This form is to be held by the vehicle owner and/or beneiciary. “No change” will be made to the MVA’s records, database, or title until the vehicle owner is deceased.
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