Form Vtr-264 - Repossessed Motor Vehicle Affidavit
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1Repossessed 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 d istrict 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
Before me, a notary public, on this day personally appeared
,
NOTARY
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.
STAMP
HERE
State of Texas, County of
Notary Public’s Signature
Date
VTR-264 Rev 08/16
Form available online at
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Parent category: Legal