NCDMV Form MVR-46D. Affidavit by North Carolina Lienholder

NCDMV Form MVR-46D. Affidavit by North Carolina Lienholder

The North Carolina MVR-46D form, titled "Affidavit by North Carolina Lienholder," serves as a legal document used to officially confirm the release of a lien on a motor vehicle registered in North Carolina. This affidavit is crucial in situations where a lienholder, typically a financial institution or individual who has a financial interest in the vehicle, acknowledges that the lien has been fully satisfied and that they no longer hold any claim or interest in the vehicle.

Key Elements of the Form:

  1. Title and Revision Date: The form is titled "Affidavit by North Carolina Lienholder" and bears the revision date of January 2006 (Rev. 1/06), signifying the version's update.

  2. Lien Details: The form includes a section where the lienholder specifies the details of the North Carolina certificate of title associated with the vehicle in question. This information typically consists of the certificate of title number, the name of the vehicle owner, and the essential vehicle details, such as the year, make, body style, and vehicle identification number (VIN).

  3. Lien Satisfaction Confirmation: The primary purpose of the form is to declare that the lien on the specified vehicle has been fully satisfied. This means that any financial obligations related to the lien have been met, and the title can be transferred or released.

  4. Recipient Information: The form requires the lienholder to indicate the name of the individual or firm to whom the certificate of title has been delivered. This is often the vehicle owner or a party involved in the title transfer process.

  5. Lienholder Certification: The form contains a section where the lienholder certifies that they no longer have any interest in the described vehicle. This is a critical declaration confirming the termination of their financial claim on the vehicle.

  6. Authorized Representative: The authorized representative of the lienholder signs the form, indicating their consent to the statements made within the affidavit. This signature affirms the accuracy and legality of the document.

  7. Notary Acknowledgment: The form includes a space for a notary public to acknowledge the personal appearance of the principal(s) named in the document. The notary certifies that the signatories voluntarily signed the affidavit for the stated purpose and in the indicated capacity.

  8. Notary Seal and Expiration: The notary's seal is applied, and the notary prints or types their name. The form also includes a space for the notary to specify the expiration date of their notary commission.

In summary, the North Carolina MVR-46D (Rev. 1/06) form is a critical legal document used by lienholders to formally release their claim on a vehicle, confirming that all financial obligations have been met. It includes essential information about the vehicle, the lienholder, and the authorized representative's signature, along with notary acknowledgments to ensure the document's validity and legality.