Form VTR-267. Additional Liens Statement - Texas
The Form VTR-267 is used in Texas as an additional liens statement. This form is necessary when there are multiple liens on a motor vehicle and the lienholders require a statement indicating the priority order of the liens.
The form consists of sections that require accurate completion, including details about the vehicle, the primary lienholder, and any additional lienholders.
When filling out the Form VTR-267, it is important to:
- Provide accurate information about the vehicle, including the make, model, year, and identification number.
- Specify the primary lienholder and their contact information.
- Include details about any additional lienholders, their contact information, and the priority order of their liens.
This form is necessary to establish the priority of multiple liens on a vehicle. It ensures that lienholders are aware of their respective positions in the event of repossession or sale of the vehicle.
An alternative form may be the Release of Lien, which is used when a lienholder releases their interest in a vehicle. The Form VTR-267, however, specifically focuses on stating the priority order of liens.