How do I remove a cosigner from my car title in Maryland?
Deleting a Name
- Both parties must sign the title as the “seller.”
- The person remaining on the title must sign as the “buyer” and complete the rest of the information.
- The remaining owner must present the title and the correction fee of $40 to the MVA office or title and tag agent, or mail it to: MVA.
Does Maryland have a 2 part title?
Currently, the Maryland MVA prints a two-part, paper title. The first part, the Maryland Certificate of Title, is mailed to the owner. The second part, the Security Interest Filing (SIF), is printed only when a lien has been filed against the title; it is mailed to the lien holder.
How much does it cost for a title transfer in Maryland?
Bring all the required documents to the MVA office, and pay the title transfer fee ($100) and the sales tax (maximum 6% of the sale price).
Do I need to retitle my car when I move to Maryland?
As a new resident of Maryland, you must title your vehicle within 60 days of moving to Maryland. If the vehicle is from a state that does not issue a title as proof of ownership ONLY, the vehicle’s registration document and bill of sale may be submitted as proof of ownership.
Can I buy a car if I’m a cosigned for someone else?
A cosigner who isn’t on the title is not legally allowed to take ownership of the car — even if the primary borrower stops making payments — which leaves them with no recourse except to pay the balance.
How much does it cost to title a car in Maryland?
Vehicle Registration Fees
| Additional/Duplicate Registration Card/Sticker | $5.00 |
|---|---|
| Title Certificate – Duplicate | $20.00 |
| Title Certificate Fee Moped / Motor Scooter | $20.00 |
| Title Certificate – New / Used | $100.00 |
| Titling Tax – Based on Fair Market Value | 6% |