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The Colorado DR 2438 form serves as a vital document for individuals and businesses involved in the storage and potential abandonment of motor vehicles. This form, issued by the Colorado Department of Revenue’s Division of Motor Vehicles, is primarily utilized to facilitate the issuance of a new title for a vehicle that has been left at a repair shop or storage facility. It includes essential details such as the vehicle's identification number (VIN), make, model, and the dimensions of the vehicle, ensuring proper identification. Applicants must provide their name or business name, along with contact information, and indicate whether there was a verbal agreement regarding the vehicle's storage. The form also requires the applicant to detail their efforts to contact the vehicle owner or lienholder, as well as any attempts made to settle outstanding storage fees. Additionally, it contains declarations regarding the vehicle's condition and any existing liens. By signing the form, the applicant certifies the accuracy of the information provided and acknowledges potential legal consequences for false statements. This comprehensive approach ensures that all parties involved are protected and that the process of reclaiming or abandoning a vehicle is conducted fairly and transparently.

Key takeaways

Filling out the Colorado DR 2438 form is an important step in the process of obtaining a new title for a vehicle that may have been abandoned. Here are some key takeaways to consider:

  • Understand the Purpose: The DR 2438 form serves as a Storage Lien Bond Statement, allowing you to establish a legal claim to a vehicle that has been left in your possession, typically at a repair shop.
  • Provide Accurate Information: Ensure that all vehicle details, such as the Vehicle Identification Number (VIN), make, model, and year, are filled out correctly. Inaccurate information can lead to delays in processing your application.
  • Document Communication: Clearly state any agreements made with the vehicle owner, including the terms of the agreement and efforts made to contact them. This documentation is crucial in demonstrating that you have acted in good faith.
  • Check for Liens: It is essential to verify whether there are any existing liens against the vehicle. If there are, this could affect your ability to obtain a new title.

By keeping these points in mind, individuals can navigate the process of using the DR 2438 form more effectively.

Dos and Don'ts

When filling out the Colorado DR 2438 form, it’s important to ensure accuracy and completeness. Here are some guidelines to help you through the process:

  • Do read the instructions carefully before starting.
  • Do provide accurate vehicle information, including the VIN, make, and model.
  • Do clearly state the terms of any verbal agreement if applicable.
  • Do attach any relevant contracts or agreements to support your claims.
  • Do ensure that you have attempted to contact the owner or lienholder of record.
  • Don't leave any sections blank; incomplete forms can delay processing.
  • Don't forget to sign and date the form before submission.
  • Don't provide false information, as this can lead to legal consequences.
  • Don't ignore the requirement to state your efforts to contact the person who made the agreement.
  • Don't submit the form without double-checking for errors.

By following these guidelines, you can help ensure a smoother process when submitting your DR 2438 form.

File Specs

Fact Name Details
Form Purpose The DR 2438 form is used to apply for a new title for a vehicle that has been abandoned at a repair shop.
Governing Laws This form is governed by Colorado Revised Statutes (C.R.S.) 38-20-116 and 38-20-116 (2.5) (a).
Surety Bond A Surety Bond is required. This bond is a one-time, non-refundable payment that facilitates the issuance of a new title.
Verbal Agreement The form includes a section to indicate if there was a verbal agreement regarding the vehicle's abandonment.
Certification The applicant must certify under penalty of perjury that all information provided in the application is true and correct.