What is the Georgia T4 form?
The Georgia T4 form, also known as the Notice of Satisfaction of Security Interest or Lien Holder’s Affidavit, is a document used to formally acknowledge the satisfaction of a security interest or lien on a motor vehicle. This form must be executed by the individual or entity that holds the lien and is typically required when the lien has been paid off, allowing the vehicle owner to obtain a clear title.
Who needs to fill out the Georgia T4 form?
The form must be completed by the lien holder, which can be an individual or a business entity. This includes banks, credit unions, or other financial institutions that have provided financing for the vehicle. If the lien holder is an individual, they must provide their driver’s license number along with their full legal name. The form must be filled out accurately to ensure a smooth processing of the title application.
What information is required on the Georgia T4 form?
To complete the Georgia T4 form, several pieces of information are necessary. This includes the full legal name of the lien holder, their business address, and the owner’s name as it appears on the vehicle’s Certificate of Title. Additionally, details about the vehicle itself, such as its year, make, model, body style, Vehicle Identification Number (VIN), title number, and account number, must be provided. Accurate information is crucial to avoid delays in processing.
Can the Georgia T4 form be used electronically?
No, the Georgia T4 form cannot be used for any participant in the Electronic Lien on Title (ELT) program. If a security interest or lien has been recorded electronically, this form is not applicable. Instead, participants in the ELT program must follow the specific electronic procedures established by the Georgia Department of Revenue.
What happens if the form is not filled out correctly?
Any alterations or corrections made to the Georgia T4 form will void it. This means that if the form is not completed accurately or if there are discrepancies in the information provided, the application for a Certificate of Title may be rejected. It is essential to review the form carefully before submission to ensure all information is correct and complete.
Where should the completed Georgia T4 form be submitted?
The completed Georgia T4 form must be attached to the application for a Certificate of Title. This application is typically submitted to the Georgia Department of Revenue or the appropriate county tag office. Ensuring that all necessary documents, including the T4 form, are included will help facilitate a quicker processing time for the title application.