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Notice Of Repossession Of A Motor Vehicle Or Motorcycle MV-327 - New York
| Notice Of Repossession Of A Motor Vehicle Or Motorcycle Form. This is a New York form and can be used in Department Of Motor Vehicles Statewide . |
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New York State Department of Motor Vehicles NOTICE OF REPOSSESSION OF A MOTOR VEHICLE OR MOTORCYCLE www.dmv.ny.gov INSTRUCTIONS: Vehicle and Traffic Law Section 425 requires the repossessor of a motor vehicle or motorcycle to do the following: 1. immediately following the repossession, personally appear at the police agency in the locality where the repossession occurred, and notify the police agency of the repossession; 2. within 24 hours, deliver either personally or by special delivery first class mail to any Motor Vehicle Issuing Office (not to the Title Bureau): a. this completed notice of repossession; and b. the license plates from the vehicle being repossessed (unless removed by registrant before the repossession). (NOTE: A fee of $1.00 per set of plates may be required by some county offices.) 3. within 24 hours, notify the vehicle owner of the repossession (either personally, or by registered or certified mail sent to the owner at the owner's last-known address). 4. prepare this form, and present it and the license plates, if any, to any Motor Vehicle Issuing Office. The Motor Vehicle Issuing Office will return the Owner Copy and Repossessor Copy to the Repossessor. Once the repossessor receives the Repossessor and Owner copies of the MV-327, he must forward the owner copy immediately to the owner. To Commissioner of Motor Vehicles: This is to notify you that the vehicle described below has been repossessed, and that: the license plates from this vehicle are enclosed. the registrant removed the plates from the vehicle BEFORE the vehicle was repossessed. NOTE: Failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours is a violation of Vehicle and Traffic Law Section 425, which is punishable by a fine of up to $150. If you are a dealer, however, failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours may result in a fine of up to $1,000 and/or the suspension or revocation of your dealer's license. Year and Make of Vehicle Model State Last Registered Plate Number Month and Year of Expiration / Vehicle Identification Number Body Type Color Date of Repossession / Name and Address of Registrant Name & Address of Lienholder Authorizing Repossession / Name and Address of Owner Name and Address of Repossessor Name and Address of Police Agency Notified Signature of Representative From Lienholder or Repossessor ± Locality Where Repossession Occurred Date Police Agency Notified / / FOR DMV OFFICE USE ONLY The Department of Motor Vehicles was notified that the vehicle described above was repossessed. The license plates described above were not submitted with this form. The license plates described above were received: by mail in person on _______________________________________ at the _________________________________________________________________ Motor Vehicles Office. By _______________________________________________________ MV-327 (1/11) DMV COPY American LegalNet, Inc. www.FormsWorkFlow.com New York State Department of Motor Vehicles NOTICE OF REPOSSESSION OF A MOTOR VEHICLE OR MOTORCYCLE www.dmv.ny.gov INSTRUCTIONS: Vehicle and Traffic Law Section 425 requires the repossessor of a motor vehicle or motorcycle to do the following: 1. immediately following the repossession, personally appear at the police agency in the locality where the repossession occurred, and notify the police agency of the repossession; 2. within 24 hours, deliver either personally or by special delivery first class mail to any Motor Vehicle Issuing Office (not to the Title Bureau): a. this completed notice of repossession; and b. the license plates from the vehicle being repossessed (unless removed by registrant before the repossession). (NOTE: A fee of $1.00 per set of plates may be required by some county offices.) 3. within 24 hours, notify the vehicle owner of the repossession (either personally, or by registered or certified mail sent to the owner at the owner's last-known address). 4. prepare this form, and present it and the license plates, if any, to any Motor Vehicle Issuing Office. The Motor Vehicle Issuing Office will return the Owner Copy and Repossessor Copy to the Repossessor. Once the repossessor receives the Repossessor and Owner copies of the MV-327, he must forward the owner copy immediately to the owner. To Commissioner of Motor Vehicles: This is to notify you that the vehicle described below has been repossessed, and that: the license plates from this vehicle are enclosed. the registrant removed the plates from the vehicle BEFORE the vehicle was repossessed. NOTE: Failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours is a violation of Vehicle and Traffic Law Section 425, which is punishable by a fine of up to $150. If you are a dealer, however, failure to deliver the license plates to a Motor Vehicle Issuing Office within 24 hours may result in a fine of up to $1,000 and/or the suspension or revocation of your dealer's license. Year and Make of Vehicle Model State Last Registered Plate Number Month and Year of Expiration / Vehicle Identification Number Body Type Color Date of Repossession / Name and Address of Registrant Name & Address of Lienholder Authorizing Repossession / Name and Address of Owner Name and Address of Repossessor Name and Address of Police Agency Notified Signature of Representative From Lienholder or Repossessor ± Locality Where Repossession Occurred Date Police Agency Notified / / FOR DMV OFFICE USE ONLY The Department of Motor Vehicles was notified that the vehicle described above was repossessed. The license plates described above were not submitted with this form. The license plates described above were received: by mail in person on _______________________________________ at the _________________________________________________________________ Motor Vehicles Office. By _______________________________________________________ MV-327 (1/11) REPOSSESSOR COPY American LegalNet, Inc. www.FormsWorkFlow.com New York State Department of Motor Vehicles NOTICE OF REPOSSESSION OF A MOTOR VEHICLE OR MOTORCYCLE www.dmv.ny.gov INSTRUCTIONS: Vehicle and Traffic Law Section 425 requires the repossessor of a motor vehicle or motorcycle to do the following: 1. immediately following the repossession, personally appear at the police agency in the locality where the repossession occurred, and notify the police agency of the repossession; 2. within 24 hours, deliver either personally
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