Form MVR-92H. Affidavit of Facts to Accompany Indemnity Bond

Form MVR-92H. Affidavit of Facts to Accompany Indemnity Bond

The MVR-92H is an Affidavit of Facts form used in North Carolina by individuals seeking to obtain a motor vehicle title but unable to provide acceptable proof of ownership. The purpose of this form is to accompany the indemnity bond and provide additional information to the DMV.

The form consists of several sections, including the applicant's personal information, a statement of facts related to the vehicle, and any supporting documentation that may be available. Important fields to consider when filling out the form include the make and model of the vehicle, the reason for the lack of proof of ownership, and any details related to the vehicle's history.

The parties involved in the process of completing this form are the individual seeking the title and the North Carolina DMV. It is important to consider that an indemnity bond must also be provided along with the completed form.

Examples of situations where this form might be needed include cases where a vehicle was donated, purchased without a title, or inherited from a deceased family member. Some strengths of this form include its simplicity and efficiency, while weaknesses could include the potential for errors or omissions on the part of the applicant.

Alternative forms or analogues that may be considered include other affidavit forms or documents such as bills of sale or powers of attorney. However, these may not be sufficient in all cases where proof of ownership is required.

The completion and submission of this form can affect the future of the participants by allowing them to obtain legal ownership of the vehicle. It is typically submitted to the North Carolina DMV and stored in their records.

In summary, the MVR-92H Affidavit of Facts to Accompany Indemnity Bond is an important form for individuals seeking to obtain a motor vehicle title in North Carolina. It requires careful attention to detail and supporting documentation, and its completion can have significant implications for all parties involved.

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