PA DMV Form MV-217A. Application for Certificate of Title By Financial Institution or Dealer After Default of Owner

Form MV-217A is an application used by financial institutions or dealers to apply for a Certificate of Title after the default of the owner. This form is necessary when a vehicle has been repossessed or surrendered due to non-payment or other reasons, and the financial institution or dealer needs to obtain legal ownership of the vehicle.

The form consists of sections where the applicant provides information about the vehicle, such as the make, model, year, and Vehicle Identification Number (VIN). The applicant also needs provide details about the previous owner, including their name, address, and contact information. Additionally, the form requires the applicant to provide information about any liens or encumbrances on the vehicle.

Important fields in this form include accurate identification of the vehicle through the VIN, as well as providing correct and complete information about the previous owner. It crucial to ensure that all relevant details are accurately filled out to avoid any legal complications or disputes regarding ownership.

Application Example: An example scenario where Form MV-A would be used is when a financial institution repossesses a vehicle from a borrower who has defaulted on their loan payments. The financial institution would need complete this form to obtain legal ownership of the vehicle and proceed with selling it or transferring it to another party. It is important to carefully follow the instructions provided on the form and submit all required documentation to ensure a smooth transfer ownership.

Related Forms: There may not be direct alternatives or analogues to Form MV-217A, as is specifically designed for financial institutions or dealers apply for a Certificate of Title after the default of the owner. However, there may be other forms related to vehicle title transfers or repossessions that could be applicable in different circumstances.