Oregon DMV Form 735-7116A. Affidavit to Establish Financial Interest in a Vehicle

Form 735-7116A - Affidavit to Establish Financial Interest in a Vehicle serves as a legal document to establish a financial interest or lien on a vehicle in Oregon.

This form is used by financial institutions or individuals to officially declare their financial interest in a vehicle and record it with the DMV.

Example Scenario: When a bank or credit union in Oregon provides a loan for a vehicle purchase, they use this form to establish their financial interest or lien on the vehicle until the loan is paid off.

Parties Involved: Financial institutions, lenders, or individuals with a financial interest in a vehicle and the Oregon DMV. The form may include vehicle and lienholder information.

Related Forms: Similar to lien or security interest forms for recording financial interests in vehicles. Differences may include the specific terms and conditions of the financial interest.