Form ITD 3366. Affidavit of Repossession

Form ITD 3366 is used in Idaho when a vehicle has been repossessed by a creditor or lienholder. The main purpose of this form is to provide a legal affidavit documenting the repossession of the vehicle.

The form consists of sections where the affiant, who is the party repossessing the vehicle, provides information about themselves, including their name, address, contact details, and relationship to the creditor or lienholder. It also requires them to provide details about the vehicle being repossessed, such as the vehicle identification number (VIN), make, model, and current location.

When filling out the form, it is important to accurately provide all required information and ensure that the affidavit is signed and notarized. Additional documentation, such as proof of the repossession or any related court documents, may need to be attached to support the validity of the repossession.

An example application scenario would be a financial institution that has repossessed a vehicle due to the borrower's default on loan payments. By completing this form and submitting it to the DMV, the financial institution can legally document the repossession, update the vehicle's ownership status, and proceed with any necessary actions such as selling the vehicle.

Related forms: An alternative form closely related to this application is Form ITD 3365 - Notice of Sale or Disposal of a Vehicle Repossessed by a Creditor. This form is used to notify the DMV of the intent to sell or dispose of a repossessed vehicle. The difference is that Form ITD 3366 focuses on providing an affidavit of repossession, while Form ITD 3365 is used for the specific purpose of notifying the DMV about the sale or disposal.