GA DMV Form T-53 Notice of Additional Security Interest

Form T-53 Notice of Additional Security Interest is used to notify the Georgia Department of Driver Services of an additional security interest or lien on a motor vehicle title. It is typically used when a new loan or financial obligation is secured by the vehicle.

Form Structure

This form involves the vehicle owner, the new lienholder (lender), and the Georgia Department of Driver Services. It typically includes sections for the vehicle owner's information, details about the new lienholder, the vehicle's details, and a statement notifying the department of the additional security interest.

How to Fill Out and Submit the Form

The vehicle owner and the new lienholder should complete the form accurately, providing information about the vehicle, the new lienholder, and the nature of the additional security interest. Once filled out and signed by both parties, the form can be submitted to the Georgia Department of Driver Services to update the vehicle's title record.

This form is important for properly documenting and notifying the department of any changes in the security interests or liens associated with a vehicle title. It helps maintain accurate records of ownership and financial obligations. Similar notification forms may exist in other states, but they may have variations in format and requirements.