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DMV Title and Registration Handbook - Oregon Department of ...

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<strong>DMV</strong> TITLE AND REGISTRATION HANDBOOK<br />

Chapter D: Application for Replacement <strong>Title</strong>, Form 515<br />

Lines 17 & 18:<br />

• Signature <strong>of</strong> Owner, Security Interest Holder or Lessor: If there is no SIH or lessor shown<br />

on <strong>DMV</strong> records, or they have released their interest, all registered owners shown on <strong>DMV</strong><br />

records must sign. If the security interest holder shown on <strong>DMV</strong> records is applying for the<br />

replacement title, the security interest holder must sign the application. In this situation, if they are<br />

to remain on the title, the registered owner signature is not required. See EXCEPTION <strong>and</strong><br />

NOTE above.<br />

Line 19:<br />

• Signature Of Person Certifying The <strong>Title</strong> Is Lost, Destroyed, Or Mutilated, If Not An<br />

Owner Shown On <strong>DMV</strong> Records: This line is signed when a person, other than the owner on<br />

record, is certifying the title is lost, destroyed or mutilated. The owner(s) <strong>of</strong> record is still required<br />

to sign the application on line 17, even if they are unable to certify as to the disposition <strong>of</strong><br />

the title. See EXCEPTION above.<br />

BACK<br />

The back <strong>of</strong> the application for replacement title contains information <strong>and</strong> instructions for completing the<br />

form.<br />

See Chapter I for information regarding obtaining an expedited replacement title due to reasons<br />

related to odometer disclosure requirements.<br />

NOTICE OF TRANSACTION SUBMITTED<br />

• Attached to this form is a yellow Notice <strong>of</strong> Transaction Submitted. This notice serves as evidence<br />

that a title <strong>and</strong> registration transaction has been submitted to <strong>DMV</strong>. The Notice <strong>of</strong> Transaction<br />

Submitted is only valid when the application has been stamped or validated by <strong>DMV</strong>. It also<br />

serves as a receipt when initial or renewal registration has been applied for. This form should be<br />

forwarded to the customer when it is received from <strong>DMV</strong> with the validating stamp.<br />

D-6 7/1/05

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