What is the VR-056 form?
The VR-056 form, also known as the Out-of-State Lienholder Letter, is an important document used in the state of Maryland for vehicle titling transactions. This form is primarily intended for lienholders that hold the original title of a vehicle owned by a customer who is establishing residency in Maryland. It facilitates the process of transferring the title so that it can be properly registered in Maryland.
Who needs to fill out the VR-056 form?
The VR-056 form needs to be filled out by the lienholder of a vehicle when the owner is moving to Maryland and requires the vehicle title to complete the registration process. The vehicle owner or co-owner's information, along with the lienholder's details, must be provided to ensure a smooth transaction.
What information is required on the VR-056 form?
When completing the VR-056 form, you need to include several pieces of information. This includes the date of the request, names of the vehicle owners, the lienholder's name and contact information (including phone number, address, and email), as well as details about the vehicle itself, such as the year, make, and Vehicle Identification Number (VIN). Accurate and clear information is crucial for a successful transaction.
How does the lienholder send the vehicle title to Maryland?
After completing the VR-056 form, the lienholder must send the original vehicle title to the Maryland Motor Vehicle Administration (MVA). Regular mail should be addressed to P.O. Box 2276, Glen Burnie, MD 21060. For overnight delivery, the address is 6601 Ritchie Highway, N.E., Glen Burnie, MD 21062, with the attention directed to the Out of State Title Unit, Room 202.
What happens after the MVA receives the title?
Once the MVA receives the title, it will be digitally scanned and saved in their system. A Notice of Security Interest Filing Statement will then be mailed to the lienholder, confirming their role as the lienholder in the title transaction. This process helps protect the lienholder's interests in the vehicle.
What if the owner's name has changed?
If there has been a change in the customer’s name, the lienholder must send a letter of authorization that allows for this name change. This is vital for maintaining accurate records and ensuring that the title reflects the correct information.
What should be done when the lien is satisfied?
When the lien is satisfied, it's the lienholder's responsibility to release all rights and interests in the vehicle. This is done by signing the Notice of Security Interest Termination (SIF) section that is found on the front of the SIF document. The lienholder needs to mail this completed document to the vehicle owner(s) to finalize the transaction.
Where can I get more information about the VR-056 form?
For additional assistance regarding the VR-056 form or other vehicle titling matters, you can contact the Maryland MVA directly at 410-768-7349 or via email at outofstatetitle@mdot.state.md.us. More detailed information is also available on the MVA website at www.mva.maryland.gov.