Form VSA 98. Repossession of Vehicle Titled Out-of-State - Virginia
Form VSA 98 - Repossession of Vehicle Titled Out-of-State is used by lienholders or their authorized agents to apply for a Virginia repossession title for an out-of-state repossessed vehicle. The parties involved in this form are the lienholders or their authorized agents and the Virginia Department of Motor Vehicles.
The form consists of sections where lienholders provide information about the out-of-state repossessed vehicle, the repossession details, and their ownership claim to the vehicle.
Important fields in this form include the vehicle's identification details, the date and location of repossession, and the lienholder's ownership claim. Accurate information is essential to ensure proper title issuance for the repossessed vehicle.
An example scenario is when a lienholder repossesses a vehicle located in Virginia but originally titled in another state. By using Form VSA 98, the lienholder can apply for a Virginia repossession title, enabling them to sell the vehicle in compliance with the state's regulations.
No additional documents are typically required for filling this form. An alternative form could be Form VSA 12, used to apply for a Virginia title for a vehicle with an out-of-state title, which serves a similar purpose but applies to title issuance for other circumstances.