Form TD-420-054 Vehicle Ownership Bond - Washington

Form TD-420-054 Vehicle Ownership Bond - Washington

What Is Form TD-420-054?

This is a legal form that was released by the Washington State Department of Licensing - a government authority operating within Washington. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form TD-420-054?
A: Form TD-420-054 is a Vehicle Ownership Bond specifically for Washington.

Q: What is a Vehicle Ownership Bond?
A: A Vehicle Ownership Bond is a type of surety bond that guarantees the vehicle's ownership is legitimate and protects against any potential claims or disputes.

Q: Who needs to use Form TD-420-054?
A: Individuals or businesses in Washington who are unable to provide the required proof of ownership for a vehicle may need to use Form TD-420-054.

Q: How does Form TD-420-054 work?
A: By submitting Form TD-420-054, the applicant agrees to post a bond to the state as collateral, ensuring the legitimacy of the vehicle ownership.

Q: What happens if there is a claim against the vehicle ownership?
A: If there is a valid claim against the vehicle ownership, the bond will be used to compensate the claimant up to the bond amount.

Q: How long is Form TD-420-054 valid?
A: Form TD-420-054 remains valid for as long as the bonded ownership is maintained and until the bond is released or replaced.

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Form Details:

  • Released on September 1, 2018;
  • The latest edition provided by the Washington State Department of Licensing;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form TD-420-054 by clicking the link below or browse more documents and templates provided by the Washington State Department of Licensing.

Download Form TD-420-054 Vehicle Ownership Bond - Washington

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