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Certification of Repossession - TR -10 - State of Michigan - michigan

Certification of Repossession - TR -10 - State of Michigan - michigan 2025

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The document is a 'Certification of Repossession' form from the Michigan Department of State, required for filing a title application for repossessed vehicles, ORVs, watercraft, or snowmobiles. It outlines the necessary information to be provided by the repossessing party, including details about the vehicle, the reason for repossession, and compliance with state law and the Uniform Commercial Code regarding notification and sale of the repossessed item.

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Click ‘Get Form’ to open the Certification of Repossession - TR -10 in the editor.
Begin by entering your printed name and official capacity in the designated fields. This identifies you as the repossessor.
Fill in your company name and address accurately to ensure proper identification.
Provide details about the repossessed vehicle, including year, make, Vehicle Identification Number (VIN), body style, and license plate number.
Indicate from whom the vehicle was repossessed by filling in their name and address, along with the date of repossession.
Specify the reason for repossession and list all persons and lienholders who were served notice regarding this action.
Select the type of notice served regarding the disposition of the vehicle and provide any necessary dates or locations for sales if applicable.
Complete the odometer reading section accurately, ensuring compliance with federal law.
Finally, review all entered information for accuracy before signing and dating the form at the bottom.

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How to get a repo title?

Here are the essential elements: Contact Information. - Name and address of the lender or creditor - Contact details, including phone number. Borrower Details. Date of the Letter. Subject Line or Title. Statement of Repossession. Reasons for Repossession. Loan Details. Next Steps and Options.

What happens when your car is repossessed in Michigan?

After your car is repossessed, the lender will usually sell it at either a public auction or a private sale. You should receive notice of when and where the sale will happen. Michigan law requires lenders to sell repossessed cars in a commercially reasonable way.

What is a TR10 form used for?

This certification is required when filing a title application for a repossessed vehicle, titled ORV, or titled watercraft, or a registration when repossessing a snowmobile, as provided by state law or under the provisions of the Uniform Commercial Code.

What is the repossession law in Michigan?

7 Steps to Obtaining a Repossession Title Step 1: Understand Repossession Laws. Step 2: Confirm Ownership Status. Step 3: Notify the Previous Owner. Step 4: Complete Required Paperwork. Step 5: Submit the Paperwork. Step 6: Verification and Processing. Step 7: Receive the Repossession Title.