MD MVA Form VR-048 - Application for Duplicate Security Interest Filing
Form VR-048 - Application for Duplicate Security Interest Filing is used to apply for a duplicate security interest filing in Maryland.
This form is essential for individuals who have lost or misplaced their security interest filing documents and need duplicates. Security interest filings are important for securing loans on vehicles, and duplicates are required for various transactions, such as refinancing. For example, if a vehicle owner has lost their security interest filing documents and wants to refinance their car, they would use this form to obtain duplicates.
The parties involved include the vehicle owner, the lender, and the Maryland Motor Vehicle Administration. The form typically consists of sections for the applicant's information, vehicle details, and a declaration of the reason for requesting duplicate security interest filings. Accurate completion is necessary to obtain the necessary duplicate documents for loan transactions.