Navigating the complexities of repossession can be daunting, especially when it involves tangible assets like manufactured homes. The 440 3926 form serves as an essential document in this process within the state of Oregon, facilitating the smooth transition of ownership for repossessed manufactured structures. This form, officially titled as the Manufactured Structure Certificate of Repossession, is crucial for parties holding a security interest in a property - essentially those who have financed the home and hold the right to take it back if agreements are not honored. It captures vital details such as the home's identification numbers, including the DMV X-plate and serial number, alongside the information of the security interest holder and the defaulting party. Moreover, it outlines the procedure followed after repossession, including whether the unit was sold, assigned, or retained by the lienholder, and mandates submission of additional forms for transferring ownership. The certification section confirms the lawful repossession of the property in alignment with Oregon law, asserting the accuracy of all provided information and the authorization to apply for ownership transfer. Understanding every part of this form is essential for anyone involved in repossessing a manufactured structure to ensure compliance with legal requirements and to streamline the ownership transfer process.
| Question | Answer |
|---|---|
| Form Name | Form 440 3926 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | 3926 repossession certification oregon form |
Manufactured Structure
Certificate of Repossession
For manufactured structures repossessed under Oregon law
HOME INFORMATION
Home ID number (if known): |
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Serial number: |
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SECURITY INTEREST HOLDER INFORMATION |
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Name: |
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Address (street or P.O. Box): |
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Date of security agreement: |
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DEFAULTING PARTY INFORMATION |
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I certify that I (or the company I represent) have a security agreement for the above described manufactured home with (list all debtors on the security agreement):
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Name: |
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REPOSSESSION AND SALE INFORMATION |
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As a result of this repossession, the unit has been (check applicable box below):
Sold/assigned to:
Retained by the
A Notice of Sale/Change of Ownership form (#2952) and Supplemental Information form (#1066) are required for either transaction.
CERTIFICATION
I certify that the debtor(s) defaulted in the security agreement, and the manufactured structure has been lawfully repossessed without judicial process or I am authorized to dispose of the manufactured structure in accordance with ORS 79.0601 through ORS 79.0628. I further certify that the information entered above is true and accurate and that I am making this certification in support of an application for ownership.
Signature of lien claimant: |
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Date: |
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