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Rhode Island Repossession Laws
Quick Answers:
Where do I refer to for Title or
License Registration?
For state Title and License Information,
refer to:
Rhode Island Division of Motor
Vehicles
286 Main Street
Pawtucket, Rhode Island 02860
Telephone: (401) 277-2970.
Security Interests:
Shown on title held by lienholder.
Recording Requirements:
Per the Uniform Commercial Code
adopted in July, 1962: Filed with
Town Clerk or Recorder where
mortgagor resides.
Recovery Requirements:
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Redemption Requirements:
No provisions.
Deficiency Requirements:
No statutory provisions and
seemingly enforceable if contract so
provides. Judgment notes are
invalid.
Special Motor Vehicle Provisions:
No provisions.
Documents Required to Transfer
Ownership of Motor Vehicle:
Title in lienholder's name;
certified copy of lien instrument;
affidavit of repossession; notarized
Bill of Sale and Power of Attorney.
Documents Required for
Liquidation:
Bill of Sale, Affidavit of
Repossession, Title, Inspection
required.
Plates:
Remain with the owner / debtor, if
transferred to another vehicle,
otherwise, the plates must be
returned to the Registry of Motor
Vehicles.
All recovery requirements and fees are
current as of 2002.
Quick-Repo.com does not warrant the accuracy of these laws. The laws
listed on Quick-Repo.com are
only a starting point for reference,
and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or
state if you have any questions
about repossession service there.
View
repo laws at
RepoLaws.info and
repossession laws at
RepossessionLaws.info
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