Mass RMV - Affidavit of Repossession

Form Affidavit of Repossession is employed by lienholders to officially report the repossession of a vehicle and assert their ownership rights following a loan default.

This form plays a crucial role in documenting the repossession of a vehicle due to non-payment or breach of contract, establishing the lienholder's ownership.

Example Scenario:

If a borrower fails to fulfill their loan obligations, leading to the repossession of the vehicle, this form is used to notify the RMV and affirm the lienholder's ownership rights.

Form Structure

This form involves the lienholder, vehicle owner, and the Massachusetts RMV. It usually comprises sections for the lienholder's information, vehicle details, and a statement confirming the repossession.

Important fields include the lienholder's contact details, vehicle identification information, the reason for repossession, and a statement attesting to the occurrence of repossession.

How to Fill Out and Submit the Form

Fill out the form with accurate and comprehensive details about the repossession event and the circumstances leading to it.

Attach any relevant documentation, such as the repossession notice and evidence of the borrower's default, to substantiate the repossession claim. Review the form and attached documents for accuracy.

Submit the completed form and attachments as per the Massachusetts RMV's instructions to formalize the repossession and establish lienholder ownership.

Always consult the official Massachusetts RMV resources for the latest information.