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From the Desk of the County Clerk
The following
bulletin was received from the Department of Revenue and has
been sent to all Colorado Dealers and Lenders. However, if
individuals are purchasing a vehicle from an individual, it’s
important that the public be made aware of this new change in
the law. It is our desire to make sure everyone is notified of
these changes prior to making the trip into our office,
especially when traveling from the furthest ends of the county,
so that your trip is not made in vain. Educating the public
makes our job easier and your experience less stressful! Please
Read:
Bulletin from the Department of Revenue
Regarding Title Application Change
The DR 2395 Title
and/or Registration Application has been changed to require all
vehicle owners to declare their intent of Joint Tenancy with
Rights of Survivorship (JTWROS) or Tenants in Common. The
following changes will be made:
The DR 2395 (Rev
02/22/11) changes include:
-
Joint Tenancy with Rights of Survivorship Acknowledgement of
Intent page has been added
-
Signature line for all owners acknowledging intent
-
Date of signature line for each owner
-
The Verification of Vehicle Identification Number page has
been removed and made a separate form number DR 2698
-
Additional boxes have been added for Lienholders to add a
different address for the title to be mailed. If no address
is provided, the title will be mailed to the first
lienholder name and address provided on the Title and/or
Registration Application.
-
Confidentiality statement added to the application for
compliance with Colorado Revised Statute (C.R.S.) 42-2-121
(4)(a)
-
“Any Alteration or Erasure in this Area May Void this
Document” wording has been added and will apply to the top
portion of the application only
-
An area for “County Use Only” has been added below the
application for clerks to use as a worksheet
A title in JTWROS
will only be issued if all owners declare their intent as such
on either the DR2395 or DR 2574 form. If any owner chooses
Tenants in Common or has not declared their intent, the title
will be issued with Tenants in Common.
Please refer to
38-11-101, C.R.S., for additional information on joint tenancy.
Previous versions of
the DR 2395 dated 06/30/09 may be accepted until July 1, 2011.
On and after July 1, 2011, only the 02/22/11 version of the DR
2395 will be accepted in order to acknowledge intent.
If you currently
title all of your vehicles as Tenants in Common, this change
will NOT affect you. However, the majority of the titles
processed in our county are titles as JTWROS! You may call our
office at 438-5421 to have a copy of this form faxed to you or
you may go online to Colorado Department of Revenue, Division of
Motor Vehicles, Forms & Publications, Form # DR 2395 and print
this form. As of July 1, 2011, if all parties/owners assigned on
the title are not coming in to our office at the time of
processing the title, this form MUST be signed prior to coming
in to our office. If not, the title will be processed as Tenants
in Common. Please feel free to contact our office is you have
any questions.
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