Oklahoma 737 Form – Fill Out and Use This PDF

Form 737

Revised 6-2019

MVC	OKLAHOMA TAX COMMISSION/MOTOR VEHICLE DIVISION
	AFFIDAVIT OF REPOSSESSION OF A VEHICLE, BOAT OR OUTBOARD MOTOR

Oklahoma Title Number: _____________________________________________________________________________

Model Year & Make: _____________________________________ Body Type: _________________________________

VIN/Serial Number (Vehicle or Outboard Motor): __________________________________________________________

HIN Number (Boat):___________________________________ Boat Registration Number: _______________________

License Plate Number: ___________________________________ Year & State: _______________________________

Registration Decal Number: ______________________________ Expiration Date (Month/Year): ___________________

Repossessed From:

Name: _______________________________________________________________________________________

City/State: ____________________________________________________________________________________

Repossessing Lienholder:

Name: _________________________________________ Daytime Phone Number: ________________________

Lender’s Federal Employer Identification Number (FEIN) _____________________________________________ or,

If Individual, Driver License Number of Repossessing Lienholder ____________________________________ .

Mailing Address: ________________________________________________________________________________

City: ____________________________________________ State: ________ ZIP: ______________

Email Address: ________________________________________________________________________________

LENDERS: This repossession action is a result of the debtor’s (mortgagor) default under the terms of a valid security agree- ment and possession of the property described above was obtained by proper legal proceedings pursuant to Oklahoma law.

Date of Possession: _________________________________

Impounded: ____________________________________________________________________________________

Name and Address of Impoundment Location

Lender is in physical possession of the property.

Other: ________________________________________________________________________________________

I, the undersigned, do swear or affirm that I am the individual, or legal agent of the firm, holding a valid security agreement on the described property and that the information provided on this Affidavit is true and accurate.

See Reverse Side For Required Supporting Documentation

The repossessing lender must provide the following documentation in order for the Repossession Application to be

approved:

A.Properly completed Repossession Affidavit.

B.Actual or certified copy of chattel mortgage, conditional sales contract or other type security agreement.

Note: Contract must indicate the vehicle, boat or outboard motor has been pledged as collateral and list a complete description of the unit along with a vehicle identification number or hull identification number.

C.An acceptable, signed, lien release form or a notarized lien released statement. If more than one (1) lienholder, the following is also required:

1.A copy of a certified letter from the repossessing lender notifying the second lienholder of the intent to repossess.

a.Letter must be dated at least ten (10) days prior to the date the repossession affidavit is processed by the motor license agent or the Motor Vehicle Division.

b.The post office receipt or the return receipt (green card) signed by the second lienholder is required as proof of mailing.

2.If the second lienholder is making application for a repossession title, a signed and dated lien release from the previous lienholder(s) is required.

D.If a motor vehicle, Insurance Security Verification Form reflecting all required information or an Oklahoma Tax Commission Form 797 “Affidavit of Nonuse in Lieu of Liability Insurance”, unless the repossessor is exempt from the insurance verification requirement.

E.Manufactured Homes: Must have proof of current calendar year taxes paid on an OTC Form 936 or a 936 marked taxes are not due. A 936 isn’t required if the manufactured home has a current registration on the Oklahoma Tax Commission

computer system.

Please direct any questions to the Oklahoma Tax Commission Motor Vehicle Division at (in state toll free) 1-800-522-8165, or (direct) (405) 521-3221. Additional information is located in the Motor Vehicle Section of the Oklahoma Tax Commission

website: www.tax.ok.gov.