Statutes, codes, and regulations
Delaware Administrative Code
Title 2 - TransportationDepartment of TransportationDivision of Motor VehiclesVehicle Services
Issuance of Certificates of Title on Repossessed Vehicles (Formerly Reg. No. 56)
Section 2267-1.0 - Procedures

2 Del. Admin. Code § 2267-1.0

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Current through Register Vol. 28, No. 5, November 1, 2024
Section 2267-1.0 - Procedures

When a vehicle has been repossessed by a secured party and subsequently sold, assigned and transferred to a purchaser for value, the selling secured party shall complete the back of the Delaware certificate of title (as the transferor) and submit the title and completed Form No. 195 Repossession Certificate. No MV 212A Title Application is required. The secured party's lien as shown on the face of the title must be properly satisfied.

2 Del. Admin. Code § 2267-1.0