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Texas Repossession Laws
Quick Answers:
Where do I refer to for Title or
License Registration?
For state Title and License Information,
refer to:
Texas State Department of
Transportation, Division of Motor
Vehicles, 4000 Jackson Ave., Austin,
Texas 78738. Tel: (512) 465-7611
Security Interests:
Shown on title held by lienholder.
Recording Requirements:
Per the Uniform Commercial Code
adopted July, 1966: Must be filed in
the office of Clerk of County where
mortgagor resides, or where property
is located, if mortgagor is
non-resident; but does not apply to
motor vehicles.
Recovery Requirements:
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Redemption Requirements:
Ten (10) day redemption.
Deficiency Requirements:
Confession of judgment notes are
invalid but deficiency is permitted
if so stated in lien instrument.
Special Motor Vehicle Provisions:
All liens must appear on Certificate
of Title to be valid against third
parties. Lien is noted by the State
Highway Department on receipt of the
certificate until paid.
Documents Required to Transfer
Ownership of Motor Vehicle:
Certificate of title in lienholder's
name or debtor's name with lien
release, affidavit of repossession
certified copy of lien instrument,
notarized Power of Attorney. Contact
local agent for further details.
Documents Required for
Liquidation:
Repossession affidavit (D12-264) if
Texas title; out of state
repossession affidavits accepted.
Plates:
Remain with the vehicle.
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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