ORIGINFORMSTUDIO.COM – VTR-265-S – Storage Lien Foreclosure – Foreclosure is an unfortunate event that can have devastating affects on a property owner. It can result from failing to pay taxes, mortgages, or other liens like storage liens. Storage lien foreclosures are not as common as mortgage foreclosures but they do still occur and the process is different in some ways. In the state of Arizona, VTR-265-S outlines the specifics of how to navigate a storage lien foreclosure including who needs to be notified and what documents need to be filed.
Download VTR-265-S – Storage Lien Foreclosure
|Form Title||Storage Lien Foreclosure|
|File Size||1 MB|
|Form By||Texas DMV Form|
What is a VTR-265-S Form?
A VTR-265-S form is a legal document used in Texas to initiate the process of storage lien foreclosure. This form is issued by the Texas Department of Motor Vehicles and it serves as a notice that a person or company has failed to pay their fees for storing their property. The form notifies the owner of their failure to pay and provides them with an opportunity to make payment before any further action can be taken.
The owner has 20 days from the date on the VTR-265-S form to either pay or arrange payment for all overdue fees, or take possession of their property. If they fail to do this, then the storage facility may proceed with foreclosing on the lien and selling off any personal items contained within it.
What is the Purpose of the VTR-265-S Form?
The VTR-265-S is a form used by the Texas Department of Motor Vehicles (TxDMV) to initiate a storage lien foreclosure process. The purpose of this document is to provide notice to the owner and lienholder of the vehicle that their vehicle has been placed in storage and they are liable for all costs associated with its retrieval. If the owner or lienholder does not pay within 30 days, then TxDMV may proceed with a storage lien foreclosure sale.
This form must be completed by the holder of an unpaid storage lien on a motor vehicle registered in Texas, and must include detailed information about the motor vehicle, its owner(s), any liens against it, and details about how long it has been stored and what fees have accrued.
Where Can I Find a VTR-265-S Form?
The VTR-265-S form is necessary for completing a storage lien foreclosure in Texas. This form, commonly referred to as the lienholder’s affidavit, must be filled out and presented to the county clerk in order to proceed with the sale of any personal property stored in a self-storage facility. The form can be obtained from several different sources, including online websites such as SelfStorageLiens.com or FormTX.com, or it can be picked up at your local county clerks office.
When filling out this form, it is important that all information provided is accurate and up-to-date, as incorrect information may lead to delays or legal issues with the storage lien foreclosure process.
VTR-265-S – Storage Lien Foreclosure
Storage lien foreclosure is a process that allows for the owner of a storage facility to recoup financial losses associated with delinquent tenants. The Texas Property Code outlines the steps necessary for an owner to obtain a lien on stored goods and initiate foreclosure proceedings.
The first step in obtaining a lien is to provide written notice to the tenant of their delinquency, as outlined by Section 59.003 of the code. This notice must comply with all legal requirements, including providing detailed information about the amount owed, deadline for payment and any additional fees incurred due to late payments. After this notice has been issued, the owner can then file VTR-265-S form with their county clerk’s office in order to obtain a lien on stored goods.