TxDMV VTR-264 - Repossessed Motor Vehicle Affidavit

Form VTR-264 is a Repossessed Motor Vehicle Affidavit issued by the Texas Department of Motor Vehicles (TxDMV).

This form is used to document the repossession of a motor vehicle when the owner defaults on their loan or lease agreement. The purpose of the Repossessed Motor Vehicle Affidavit is to provide a legal record of the vehicle's repossession and the creditor's claim to the vehicle. The form requires information about the vehicle, the owner, the creditor, and the details of the repossession. It must be completed and signed by the authorized representative of the creditor or the repossession agency. The Repossessed Motor Vehicle Affidavit is essential for establishing the creditor's rights to the repossessed vehicle and providing a legal basis for any further actions, such as selling the vehicle to recover the outstanding debt. This form protects the creditor's interests and ensures that the repossession process is conducted in compliance with state laws and regulations, helping to resolve disputes and potential legal issues related to the repossession.