Form VTR-265-S. Storage Lien Foreclosure - Texas
The Form VTR-265-S is used in Texas for the foreclosure of a storage lien. This form is necessary when a storage facility seeks to take possession of and sell a motor vehicle to satisfy outstanding storage fees owed by the owner.
The form consists of sections that require accurate completion, including details about the vehicle, the lienholder, and any additional required documentation or information.
When filling out the Form VTR-265-S, it is important to:
- Provide accurate information about the vehicle, including the make, model, year, and identification number.
- Include details about the lienholder, such as name, address, and contact information of the storage facility.
- Attach any required supporting documentation, such as evidence of the storage lien, notification attempts to the vehicle owner, and compliance with applicable laws and regulations.
This form is necessary for storage facilities to initiate the foreclosure process on a vehicle when the owner has failed to pay for storage fees. It allows the lienholder to legally take possession of the vehicle and sell it to recover the outstanding charges.
An alternative form may be the Application for Repossession Affidavit, which is used when a vehicle is repossessed due to non-payment. The Form VTR-265-S, however, specifically focuses on the foreclosure of a storage lien against a vehicle for unpaid storage fees.