Vr 471 Beneficiary Designation Vehicle Form PDF Details

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.

QuestionAnswer
Form NameVr 471 Beneficiary Designation Vehicle Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other namesmva maryland online services, mva maryland online, beneficiary ownership of vehclice, maryland mva beneficiary form

Form Preview Example

MOTOR VEHICLE ADMINISTRATION

6601 Ritchie Highway, N.E. Glen Burnie, Maryland 21062

VR-471 (12-14)

Beneiciary Designation For Vehicle Title

 

See Instructions on Reverse

 

 

 

 

 

TRANSFER UPON DEATH

 

Use this form if sole owner of a vehicle wants to designate a beneiciary.

 

 

 

 

 

VEHICLE INFORMATION

 

 

 

 

Maryland Title Number

Year

Make

Vehicle Identiication Number

 

 

 

 

 

OWNER INFORMATION

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 co-owner.

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: 410-768-7000 (to speak with a customer agent).

TTY for the hearing impaired: 1-800-492-4575. Visit our website at: www.MVA.Maryland.gov

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 re-titling the vehicle.

The vehicle must be free of liens or encumbrances. Liens resulting after the naming of a beneiciary will require a lien release prior to re-titling of the vehicle.

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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