Form VTR-265-S Storage Lien Foreclosure - Texas

What Is Form VTR-265-S?

This is a legal form that was released by the Texas Department of Motor Vehicles - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form VTR-265-S?
A: Form VTR-265-S is a Storage Lien Foreclosure form in Texas.

Q: What is a Storage Lien Foreclosure?
A: A Storage Lien Foreclosure is a legal process by which a vehicle that has been stored but not claimed by the owner can be sold to recover storage fees.

Q: Who can use Form VTR-265-S?
A: Form VTR-265-S can be used by a storage facility owner or operator in Texas.

Q: What information is required in Form VTR-265-S?
A: Form VTR-265-S requires information such as the vehicle details, owner information, storage fees, and a statement of lien.

Q: What should I do with Form VTR-265-S?
A: Form VTR-265-S should be completed and submitted to the local county tax assessor-collector's office.

Q: What happens after submitting Form VTR-265-S?
A: After submitting Form VTR-265-S, the storage facility owner must wait a certain period of time before selling the vehicle at a public auction.

Q: Can the vehicle owner prevent the storage lien foreclosure?
A: Yes, the vehicle owner can prevent the storage lien foreclosure by paying the storage fees and other associated costs before the auction.

Q: What happens if the vehicle is sold at auction?
A: If the vehicle is sold at auction, the proceeds are used to cover the storage fees, and any remaining funds are returned to the owner or the lienholder.

Q: Are there any specific laws or regulations related to storage lien foreclosures in Texas?
A: Yes, there are specific laws and regulations in Texas related to storage lien foreclosures. It is advisable to consult an attorney or refer to the Texas Transportation Code for more detailed information.