Form MVT 15-1 at a glance
What it is: Form MVT 15-1 is the Repossessed Motor Vehicle Affidavit and Disposition of Vehicle Under Lien.
Who signs: Sign on the Signed by line as the AUTHORIZED REPRESENTATIVE and enter the Date.
This affidavit must be submitted as a supporting document when applying for an Alabama Certificate of Title For a Repossessed Vehicle.
A filled-in Form MVT 15-1 example: a credit union repossesses a car
How to fill out Form MVT 15-1, box by box
Vehicle Identification Number, Date of Repossession, Year, Make and Model
Enter the VEHICLE IDENTIFICATION NUMBER and the DATE OF REPOSSESSION, then the YEAR, MAKE and MODEL.
Name (Former Owner), Address, City, State and Zip
Enter the NAME (FORMER OWNER), then the ADDRESS and the CITY, STATE and ZIP.
Lienholder, Address, City, State and Zip
Enter the LIENHOLDER, then the ADDRESS and the CITY, STATE and ZIP.
Signed by, Date, Authorized Representative and Printed Name
Sign on the Signed by line as the AUTHORIZED REPRESENTATIVE and enter the Date.
Enter the Printed Name.
Signing certifies that the undersigned has repossessed the motor vehicle because of the failure of the former owner to meet the obligation for settlement of a Lien of Security Interest on the vehicle and that the Interest of the Owner was lawfully terminated. The vehicle was sold or reassigned, pursuant to the terms of the Security Agreement.
Sources
[1] Form MVT 15-1 (2/20), Repossessed Motor Vehicle Affidavit and Disposition of Vehicle Under Lien, Alabama Department of Revenue (the Official source link on this page).