TxDMV VTR-265-VSF - License Vehicle Storage Facility Lien Foreclosure

Form VTR-265-VSF is a License Vehicle Storage Facility Lien Foreclosure issued by the Texas Department of Motor Vehicles (TxDMV). This form is used by licensed vehicle storage facilities to initiate the foreclosure of a lien on a motor vehicle due to unpaid storage fees. When a vehicle owner fails to pay the storage fees to the facility, the facility can use this form to claim possession of the vehicle and proceed with its sale to recover the unpaid fees. The purpose of this form is to enable the storage facility to recover the outstanding fees through the sale of the vehicle. The parties involved in this form are the licensed vehicle storage facility, who files the form with the TxDMV to initiate the lien foreclosure, and the vehicle owner, who is notified about the foreclosure and the potential sale of the vehicle to settle the outstanding fees.

The form contains sections where the licensed vehicle storage facility provides essential information about the vehicle owner, the vehicle's description, and the outstanding storage fees. The facility must also provide evidence that they provided proper notice to the vehicle owner regarding the unpaid fees before proceeding with the lien foreclosure. The notice is typically sent via certified mail or another verifiable method. Once the form is submitted to the TxDMV, the lien foreclosure process begins, and the vehicle may be sold to recover the unpaid storage fees.