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Striped: Both safety and emissions testing required. In the United States, vehicle safety inspection and emissions inspection are governed by each state individually. Fifteen states have a periodic (annual or biennial) safety inspection program, while Maryland requires a safety inspection and Alabama requires a VIN inspection on sale or transfer of vehicles which were previously registered in ...
The conditional bill of sale refers to any assignment or transfer of personal chattels to a person by way of security for the payment of money. The conditional bill of sale creates a security in favour of the grantee of the bill whereby the grantee is given personal right of seizure giving right to a security interest of a possessory nature.
A Manufacturer's Certificate of Origin (MCO), also known as a Manufacturer's Statement of Origin (MSO), is a specified document certifying the country of origin of the merchandise required by certain foreign countries for tariff purposes.
A department of motor vehicles (DMV) is a government agency that administers motor vehicle registration and driver licensing. In countries with federal states such as in North America, these agencies are generally administered by subnational entities governments, while in unitary states such as many of those in Europe, DMVs are organized ...
In addition to the vehicle title, lenders often also require the borrower to provide a set of keys for the car and/or purchase a roadside service plan. Car title loans frequently involve high interest rates, a short time to repay the loan (often 30 days), and a loan amount less than the car's monetary worth. The borrower also risks losing the ...
The U.S. state of Maryland first required its residents to register their motor vehicles in 1904. Registrants provided their own license plates for display until 1910, when the state began to issue plates. [1] Plates are currently issued by the Motor Vehicle Administration of the Maryland Department of Transportation. Front and rear plates are ...
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