The Utah TC-824 form is a surety bond required by the Utah State Tax Commission for individuals seeking to transfer a motor vehicle title when there is a defective title or insufficient evidence of ownership. This form must be filled out completely and accurately, ensuring all necessary details, including bond number and principal's information, are included. To begin the process of filling out the Utah TC-824 form, click the button below.
The Utah TC-824 form serves as a surety bond for individuals seeking to transfer ownership of a motor vehicle that has a defective title or insufficient evidence of ownership. This bond protects any future claimants who may establish legal ownership of the vehicle. By completing this form, the principal and surety agree to indemnify any person who may have a legitimate claim to the vehicle.
Individuals applying for a transfer of motor vehicle title in Utah must complete the TC-824 form if they cannot provide a valid certificate of title or sufficient evidence of ownership. This typically applies to situations where the title is defective or missing. Both the principal (the applicant) and the surety (the bonding company) must fill out and sign the form.
The TC-824 form requires several key pieces of information, including:
Additionally, if a power of attorney is used, it must be attached to the bond.
No, photocopies of the TC-824 form are not accepted. The original document must be completed and submitted. This ensures that all signatures and seals are valid and that the bond is enforceable.
The bond remains in effect for a period of seven years from the date of execution. If the principal fulfills the obligations outlined in the bond, it will be void after this period. However, if any claims arise during this time, the surety must honor them up to the bond amount.
When filling out and using the Utah TC-824 form, it is essential to keep the following key takeaways in mind:
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When filling out the Utah TC-824 form, there are several important guidelines to follow. Here is a list of things you should and shouldn't do: