In the state of Oklahoma, when a vehicle, boat, or outboard motor is repossessed due to the debtor failing to fulfill the terms of a valid security agreement, a very important document comes into play: the Oklahoma 737 form, officially titled 'Affidavit of Repossession of a Vehicle, Boat, or Outboard Motor'. This form, which saw its most recent revision in June of 2019, is a critical tool for repossessing lienholders, enabling them to legally affirm their repossession of the property in question. It meticulously records details such as the Oklahoma Title Number, Model Year, Make, and various identification numbers specific to the vehicle, boat, or motor being repossessed. Furthermore, it outlines necessary personal information about the repossessed party and the lienholder, including the lienholder's contact details and their identification number, whether it be a Federal Employer Identification Number (FEIN) for businesses or a Driver License Number for individuals. In addition to the sworn affidavit, the form specifies required supporting documentation for the repossession application to proceed, such as a completed Repossession Affidavit, certified copies of the security agreement, and, if applicable, evidence of notification to secondary lienholders. This comprehensive document not only facilitates the legal transfer of possession but also ensures that all parties involved adhere to Oklahoma state law, making it an indispensable part of the repossession process.
| Question | Answer |
|---|---|
| Form Name | Oklahoma 737 Form |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | form 737 ok, mvc oklahoma division, 737 vehicle, oklahoma repossession vehicle |