Form Mv-327 - Notice Of Repossession Of A Motor Vehicle Or Motorcycle
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1
2
3NOTICE OF REPOSSESSION OF A MOTOR VEHICLE
OR MOTORCYCLE
dmv.ny.gov
INSTRUCTIONS: Vehicle and Traffic Law Section 425 requires the repossessor of a motor vehicle or motorcycle to do
the following:
1. immediately following the repossession, personally appear at the police agency in the locality where the
repossession occurred, and notify the police agency of the repossession;
2. within 24 hours, deliver either personally or by special delivery first class mail to any Motor Vehicle Issuing Office
(not to the Title Bureau):
a. this completed notice of repossession; and
b. the license plates from the vehicle being repossessed (unless removed by registrant before the repossession).
(NOTE: A fee of $1.00 per set of plates may be required by some county offices.)
3. within 24 hours, notify the vehicle owner of the repossession (either personally, or by registered or certified mail
sent to the owner at the owner’s last-known address).
4. prepare this form, and present it and the license plates, if any, to any Motor Vehicle Issuing Office. The Motor Vehicle
Issuing Office will return the Owner Copy and Repossessor Copy to the Repossessor. Once the repossessor receives
the Repossessor and Owner copies of the MV-327, he must forward the owner copy immediately to the owner.
To Commissioner of Motor Vehicles:
This is to notify you that the vehicle described below has been repossessed, and that:
o
the license plates from this vehicle are enclosed.
o
the registrant removed the plates from the vehicle BEFORE the vehicle was repossessed.
NOTE: Failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours is a violation of
Vehicle and Traffic Law Section 425, which is punishable by a fine of up to $150. If you are a dealer,
however, failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours may
result in a fine of up to $1,000 and/or the suspension or revocation of your dealer’s license.
Year and Make of Vehicle
Model
State Last
Plate Number
Month and Year of Expiration
Registered
/
Vehicle Identification Number
Body Type
Color
Date of Repossession
/
/
Name and Address of Registrant
Name & Address of Lienholder Authorizing Repossession
Name and Address of Owner
Name and Address of Repossessor
Name and Address of Police Agency Notified
Signature of Representative From Lienholder or Repossessor
ç
Locality Where Repossession Occurred
Date Police Agency Notified
/
/
FOR DMV OFFICE USE ONLY
o
The Department of Motor Vehicles was notified that the vehicle described above was repossessed.
o
The license plates described above were not submitted with this form.
o
The license plates described above were received:
o
o
by mail
in person
on _______________________________________
at the _________________________________________________________________ Motor Vehicles Office.
By _______________________________________________________
DMV COPY
MV-327 (6/16)
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