Printable Alabama Mvt 20 1 Form

The Alabama MVT 20 1 form is essential for anyone looking to record or transfer a lien on a vehicle with an outstanding Alabama title. Here are key takeaways to keep in mind:

• Purpose of the Form: This form is specifically designed to record a lien only and cannot be used for transferring ownership.
• Eligibility: It is applicable only to vehicles that have an existing Alabama title.
• Filing Fee: A non-refundable processing fee of $15 must accompany the application, payable in certified funds.
• Legibility: The form must be typed or printed clearly. Illegible submissions will be returned.
• Supporting Documents: Along with the completed form, you must include the current Alabama title for the vehicle.
• Exemptions: Certain vehicles, such as those over 20 years old or low-speed vehicles, may be exempt from titling requirements.
• Owner Information: Ensure that the vehicle and owner details match the information on the surrendered Alabama title, except for mailing addresses.
• Signature Requirement: All owners or authorized representatives must sign the form in ink to validate the application.
• Submission Method: Completed forms should be sent to the Alabama Department of Revenue, Motor Vehicle Division.

By adhering to these guidelines, you can navigate the process of using the Alabama MVT 20 1 form effectively and ensure your lien is properly recorded.

What is the purpose of the Alabama Mvt 20 1 form?

The Alabama Mvt 20 1 form is specifically designed for lienholders to record or transfer a lien on a motor vehicle that has an outstanding Alabama title. It is important to note that this form should not be used for transferring ownership of the vehicle or by designated agents.

Who needs to fill out the Mvt 20 1 form?

This form must be completed by lienholders when an owner creates a security interest in a vehicle. It is essential that the information provided matches the details on the current Alabama title, except for any changes to the mailing or resident addresses.

What information is required on the Mvt 20 1 form?

Key details needed include the vehicle identification number (VIN), year, make, model, color, and odometer reading. Additionally, the form requires information about the owner, including their name and address, as well as details about the lienholders, including their names and addresses.

Is there a fee associated with submitting the Mvt 20 1 form?

Yes, a non-refundable application processing fee of $15.00 is required. This fee must be submitted in certified funds made payable to the Alabama Department of Revenue. Personal checks and cash are not accepted.

What supporting documents are needed when submitting the Mvt 20 1 form?

Along with the completed form, you must submit the current Alabama title for the vehicle. The title fee, in certified funds, should also accompany the application. Ensure that all documents are legible, as illegible submissions will be returned.

Can the Mvt 20 1 form be duplicated?

Absolutely. The form may be duplicated for your convenience. You can also obtain additional copies from the Alabama Department of Revenue's website.

What should I do if the vehicle is exempt from titling?

If the vehicle falls under the exemptions outlined in the form, such as being more than 20 years old for certain trailers or more than 35 years old for motor vehicles, you will not be able to issue a new title. However, this does not invalidate any existing title that is currently in effect.

What happens if the information on the form is incorrect?

Providing incorrect information can lead to delays or rejection of your application. It is crucial to ensure that all details are accurate and match the existing Alabama title, except for any address changes.

How can I contact the Alabama Department of Revenue for questions about the Mvt 20 1 form?

You can reach the Alabama Department of Revenue by mailing your inquiries to P.O. Box 327640, Montgomery, AL 36132-7640. Alternatively, you can send an email to titles@revenue.alabama.gov for assistance.

Is there a deadline for submitting the Mvt 20 1 form?

While there is no specific deadline mentioned, it is advisable to submit the form as soon as the lien is established to ensure that the vehicle's title reflects the correct lienholder information promptly.

Alabama Mvt 20 1 - Usage Instruction

Completing the Alabama MVT 20 1 form is an important step in recording or transferring a lien on a vehicle. Ensure that all information is accurate and legible to avoid delays in processing. Follow the steps outlined below to fill out the form correctly.

1. Obtain the Form: Download the MVT 20 1 form from the Alabama Department of Revenue website or make copies of the form.
2. Vehicle Information: Fill in the vehicle identification number (VIN), year, make, model, color, odometer reading, and current Alabama title number. Indicate if the vehicle is new or used.
3. Owner Information: Provide the owner's full name, mailing address, and any felony offense for false address if applicable. If the Alabama operator's address differs, include that information as well.
4. Liens Information: Enter the name and mailing address of the first lienholder. Include the lien date and any felony offense for failure to name the lienholder if applicable. If there is a second lienholder, provide their information as well.
5. Certification: Both the assignor and assignee must sign the form. Include the date of signing and print their names clearly. Ensure that the signature is in ink.
6. Application Fee: Prepare a certified funds payment of $15.00, payable to the Alabama Department of Revenue. Do not send personal checks or cash.
7. Submit the Form: Mail the completed form, along with the current Alabama title and the application fee, to the address provided on the form.

Once the form is submitted, it will be processed by the Alabama Department of Revenue. You will receive a new certificate of title reflecting the lien information once everything is verified. Ensure that all details are correct to facilitate a smooth process.