Oregon DMV Form 735-0263. Vehicle Repossession Certificate

Form 735-0263 - Vehicle Repossession Certificate is used to provide the Oregon DMV with essential details about a vehicle that has been repossessed by a lender or creditor.

When a lender repossesses a vehicle due to non-payment, this form is used to document the repossession and transfer of the vehicle. It's crucial for establishing the change in ownership and responsibility.

Example Scenario: A person in Oregon has defaulted on their car loan, and the lender repossesses the vehicle. The lender uses this form to document the repossession and transfer of ownership back to them.

Parties Involved: This form is completed by the lender or creditor who repossesses the vehicle. It documents the details of the repossession and the transfer of ownership.

Related Forms: This form is specific to vehicle repossessions and is not directly related to vehicle sales or transfers.