Form VTR-264 PDF Details

Select the applicable "Method of Repossession" and attach any required documentation, if applicable.

Required: All fields are required to be completed.

Falsifying: State law makes falsifying information a third degree felony.

Sequestration: If you check Sequestration, the original or a certified copy of the Sheriff's Bill of Sale must be submitted with the title application.

Lien on the title: If the lienholder repossessing the vehicle is recorded on the Texas title, the lienholder may reassign the title to a subsequent purchaser.

QuestionAnswer
Form NameForm VTR-264
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out3 min
EditionRev 08/16
Other namesVTR-264, VTR 264, VTR264, Texas repo affidavit

How to Fill Out Form VTR-264

Form VTR-264 at a glance

What it is: Form VTR-264 is the Repossessed Motor Vehicle Affidavit.

Who signs: The authorized agent signs on the Signature of Authorized Agent line, then enters the Printed Name (Same as Signature) and the Date.

A filled-in Form VTR-264 example: a lender repossesses a car

Form VTR-264 example filled out, example: a lender repossesses a car
A lender's authorized agent fills out Form VTR-264 for a repossessed car. Terms of Security is checked, so Sequestration and Floor Plan Lien stay empty. The picture shows the filled form; its names and figures are sample values. The lienholder is recorded on the Texas title. Dealership Name and Dealer's General Distinguishing Number are left blank because Floor Plan Lien is not checked.

How to fill out Form VTR-264, box by box

Vehicle Information

Form VTR-264 example filled out, vehicle Information

Under Vehicle Information, enter the Vehicle Identification Number, Year, Make, Body Style and Model.

Lienholder Information

Form VTR-264 example filled out, lienholder Information

Under Lienholder Information, enter the Name of Lienholder, Phone Number and Date of Repossession.

Enter the Authorized Agent Name and Email.

Enter the Address, City, State and Zip.

Method of Repossession

Form VTR-264 example filled out, method of Repossession

Under Method of Repossession, check the applicable box.

For Terms of Security (Lien) Agreement: if the lienholder repossessing the vehicle is recorded on the Texas title, the lienholder may reassign the title to a subsequent purchaser. If the lienholder is not recorded on the Texas title, the lienholder (dealer included) must apply for a Texas title in their name with a certified copy of the security agreement before transferring the vehicle.

For Sequestration, the original or a certified copy of the Sheriff's Bill of Sale must be submitted with the title application.

A Writ of Sequestration ordering a sheriff or constable to seize property may be issued by judges and clerks of the district and county courts and justices of the peace.

For Floor Plan Lien, enter the Dealership Name and the Dealer's General Distinguishing Number.

A "floor plan" lien covers vehicles in a dealer's inventory. If the dealer is in default under the terms of the security agreement, the lienholder may repossess and transfer ownership without securing title in the dealer's name. In such instances, an Application for Texas Title and/or Registration (Form 130-U) in the name of the purchaser must be supported by the Manufacturer's Certificate of Origin or Certificate of Title properly assigned to the dealership and reassigned to the purchaser by the lienholder, and the Security Agreement or UCC Financing Statement (Form UCC1).

Signing before a notary public

Form VTR-264 example filled out, signing before a notary public

State law makes falsifying information a third degree felony. The authorized agent for the lienholder listed in Lienholder Information certifies that the statements herein are true and correct and the vehicle described in Vehicle Information was repossessed.

The notary public is the "me" in "Before me, a notary public, on this day personally appeared": the person appearing is known to the notary public as the person whose name is subscribed on the document, is by the notary public first duly sworn, and declares that the statements herein contained are true and correct.

The notary public enters the State of Texas and County, signs on the Notary Public's Signature line and enters the Date.

Common questions about Form VTR-264

Where do I file it?

This form must be completed when a vehicle is repossessed. All fields are required to be completed. Select the applicable Method of Repossession and attach any required documentation, if applicable. This completed form must be submitted to a county tax assessor-collector's office in addition to all other required documents at the time of title transfer.

Sources

[1] Form VTR-264 (Rev 08/16), Repossessed Motor Vehicle Affidavit, Texas Department of Motor Vehicles (the Official source link on this page).

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