Form VTR-264 - Texas Repossessed Motor Vehicle Affidavit

Form VTR-264 PDF Details

This Texas repossession affidavit clarifies that the repossession was not done with the intent to defeat the Texas Motor Vehicle Safety Responsibility Act's purpose, which mandates liability insurance coverage for operating a motor vehicle in Texas.

By completing and submitting Form VTR-264, the lienholder certifies the vehicle repossession and provides the necessary supporting documents for the chosen method of repossession. Also, the form must be submitted along with any transfer documents to the county tax assessor-collector's office for processing.

You might find it beneficial to know the amount of time you will need to fill in this form vtr 264 and exactly how lengthy this document is.

Question	Answer
Form Name	Form Vtr 264
Form Length	1 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	15 sec
Other names	texas repossessed, texas repo affidavit vtr 264, texas vtr 264, motor vehicle repossessed

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Form Preview Example

Repossessed Motor Vehicle Affidavit

Instructions

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.

Vehicle Information

Vehicle Identification Number

Year

Make

Body Style

Model

Lienholder Information

Name of Lienholder

Phone Number

Date of Repossession

Authorized Agent Name

Email

Address

City

State

Zip

Method of Repossession – check applicable box

☐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.

☐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.)

☐Floor Plan Lien

Dealership Name

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 following documentation:

•Manufacturer’s Certificate of Origin or Certificate of Title properly assigned to the dealership and reassigned to the purchaser by the lienholder, and

•Security Agreement or UCC Financing Statement (Form UCC1).

Certification- State law makes falsifying information a third degree felony

I, the authorized agent for the lienholder listed above, certify the statements herein are true and correct and the vehicle described above was repossessed.

Signature of Authorized Agent

Printed Name (Same as Signature)

Date

NOTARY STAMP HERE


Before me, a notary public, on this day personally appeared						,
known to me to be the person whose name is subscribed on this document, and being by me first duly
sworn, declared that the statements herein contained are true and correct.

State of Texas, County of		Notary Public’s Signature			Date

VTR-264 Rev 08/16

Form available online at www.TxDMV.gov

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How to Edit Form Vtr 264 Online for Free

The texas repo affidavit vtr 264 completing course of action is effortless. Our tool allows you to use any PDF document.

Step 1: Choose the orange "Get Form Now" button on the webpage.

Step 2: You're now able to enhance texas repo affidavit vtr 264. You have many options with our multifunctional toolbar - you'll be able to add, eliminate, or customize the information, highlight its certain components, as well as undertake other commands.

The following areas will create the PDF form that you'll be filling out:

stage 1 to filling out texas dmv form vtr 264

Please type in the appropriate information in the The original or a certified copy, Floor Plan Lien Dealership Name, Dealers General Distinguishing, A floor plan lien covers vehicles, Manufacturers Certificate of, the purchaser by the lienholder, Certification State law makes, Signature of Authorized Agent, Printed Name Same as Signature, Date, Before me a notary public on this, and NOTARY STAMP HERE space.

Finishing texas dmv form vtr 264 part 2

Write the fundamental details as you are within the VTR Rev, Form available online at, Page of, State of Texas County of, Notary Publics Signature, and Date section.

Step 3: Hit the button "Done". The PDF form is available to be exported. You may save it to your computer or send it by email.

Step 4: In avoiding potential future complications, be sure you have at least two or three copies of every single form.

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