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The document is an application form for Maryland Gift Certification, detailing the process for transferring vehicle ownership as a gift among immediate family members. It outlines eligibility criteria, required signatures, odometer disclosure, and additional instructions for title transfer, including lien release and plate transfer procedures. The form emphasizes that no monetary consideration should be involved in the transfer.

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What is required to gift a car in Maryland?

3. Gather Your Documentation to Gift a Car in MD The title of the car. An Application for Maryland Gift Certification (VR-103) A Maryland Safety Inspection Certificate if its Needed. The Lien Release if its Needed. Proof of the Relationship if its Needed.

How do I transfer ownership of a car in Maryland?

To transfer a vehicle title in Maryland, you need the original vehicle title, a bill of sale, an odometer disclosure statement (for vehicles under 10 years old), and valid identification for both the buyer and seller. Proper completion of the Application for Maryland Title is also crucial.

What is the best way to give a car to a family member?

Quick Tips About Gifting a Car Draft a bill of sale for $0 to maintain a paper trail. Promptly transfer the title and register the car in your state. Gift-givers are responsible for any gift tax. Recipients are not responsible for any car inheritance tax.

What forms are needed to gift a car in Maryland?

Application for Assigned Vehicle Identification Number (Form #VR-198) is used by customers who make homemade vehicles, certain kit vehicles, and for lost VINS. Application for a Certificate of Title (Form #VR-005) can be used for titling a vehicle.

How to write a letter for gifting a car to a family member?

How to fill out the Vehicle Gift Letter for Family Members Only? Enter the date of the gift. Fill in the full names of all individuals involved in the gifting. Provide detailed vehicle information including make, model, and VIN. Indicate whether the current plate will be gifted.

vr 103

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Does a gifted car need to be inspected in Maryland?

Gift Certification: In all instances of gifting a car to a family member, youll need to complete an Application for Maryland Gift Certification Form #VR-103. Niece/Nephew Gift: If youre an aunt or uncle (65 years or older) gifting a car to a niece or nephew, submit Certified Statement Form #VR-299.