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Texas Repo Laws - Repossession Laws
Because the Repo Laws - Repossession Laws may change from time to time, please check the Texas Courts website for updated and complete Repo Laws - Repossession Laws in Texas.
Repo Laws - Repossession Laws in Texas:
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 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.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Ten (10) day redemption.
Confession of judgment notes are
invalid but deficiency is permitted
if so stated in lien instrument.
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. 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.
RepoLaws.info does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on RepoLaws.info 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 there. |