GA DMV Form T-16 Affidavit of Repossession

GA DMV Form T-16 Affidavit of Repossession

Form T-16 Affidavit of Repossession is used to document the repossession of a vehicle by a lender or creditor. It serves as a legal statement affirming that the lender has lawfully repossessed the vehicle due to non-payment or a breach of contract by the borrower.

Form Structure

This form involves the lender or creditor and the borrower (vehicle owner). It typically consists of sections for the lender's information, borrower's information, vehicle details, a description of the repossession circumstances, and a notary acknowledgment section for the lender to sign in the presence of a notary public.

How to Fill Out and Submit the Form

To complete this form, the lender or creditor must provide accurate information about the repossession, including details about the borrower, the vehicle, and the reason for repossession. The form must be notarized for legal validity. Once filled out and notarized, it can be submitted to the appropriate authorities, such as the Georgia Department of Driver Services or relevant county offices.

It's crucial to follow legal procedures when repossessing a vehicle, and this form helps document the process for both parties involved. There may be alternative repossession-related forms or procedures, so it's important to be aware of those as well.

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