Form TD-420-040. Affidavit of Loss/Release of Interest

Form TD-420-040, also known as the Affidavit of Loss/Release of Interest, is a document provided by the Washington State Department of Licensing (DOL). This form serves the purpose of reporting the loss or theft of a vehicle title or releasing interest in a vehicle when the owner no longer has a financial or legal claim to it.

The form consists of several sections that require specific information. It does not have any specific fields that must be filled out, but the following details are typically required:

• Personal Information: The form asks for the owner's full name, address, and contact details. This information helps the DOL identify the individual submitting the form.
• Vehicle Information: The form requires details about the vehicle, such as the make, model, year, vehicle identification number (VIN), and license plate number. Providing accurate information about the vehicle helps ensure proper identification.

When filling out this form, it is important to consider the following:

• Accuracy: Providing accurate information is crucial to avoid any potential complications or delays in the process. Double-checking the entered information can help prevent errors.
• Additional Documents: In some cases, additional documents may need to be attached to the form. For example, if the title was lost or stolen, a copy of the police report may be required as supporting documentation.

Application Examples and Use Cases:

• Loss of Vehicle Title: If an individual misplaces or loses their vehicle title, they can use this form to report the loss and request a replacement title from the DOL.
• Release of Interest: If someone no longer has a financial or legal claim to a vehicle, they can use this form to release their interest in the vehicle. This may be necessary when transferring ownership or when the vehicle is being sold to another party.

Related Forms and Alternative Options:

• Form TD-420-001 (Vehicle Title Application): This form is used to apply for a vehicle title in the state of Washington. It is an alternative to the Affidavit of Loss/Release of Interest form and is used when there is no loss or release of interest involved.
• Form TD-420-050 (Vehicle Certificate of Ownership Application): This form is used when applying for a new or replacement vehicle title in cases where there is no loss or release of interest.

The TD-420-040 form can be submitted in person at a local Washington State Department of Licensing office or by mail. It is important to check the DOL website for the most up-to-date submission instructions.

Once the form is submitted, the Washington State Department of Licensing processes it and updates the vehicle record accordingly. The information provided on the form is stored in the department's database for record-keeping purposes.

Remember to consult the official Washington State Department of Licensing website or contact their customer service for the most accurate and up-to-date information regarding the submission process and storage location of the form.