The Arizona Repossession Affidavit form is a legal document used by lienholders to certify the repossession of a vehicle. This affidavit confirms the lienholder's ownership and the vehicle's location in Arizona, ensuring compliance with state laws. It is crucial for both sellers and buyers to understand the implications of this form, as inaccuracies may lead to significant legal consequences.
The Arizona Repossession Affidavit form is a crucial document for lienholders who have repossessed a vehicle. This form not only provides essential information about the vehicle, such as the Vehicle Identification Number (VIN), year, and make, but also identifies the registered owner and the date of repossession. By completing this affidavit, the lienholder certifies their legal ownership and confirms that the vehicle is physically located in Arizona. The affidavit emphasizes the lienholder's adherence to the terms of the lien and applicable laws, effectively shielding the State of Arizona from any liability associated with the affidavit's contents. Additionally, it includes a Bill of Sale section, where the lienholder can transfer ownership to a buyer, along with an odometer statement that is required by federal and state law. This statement must accurately reflect the vehicle's mileage at the time of sale, as inaccuracies can lead to significant penalties. The form also mandates signatures from both the seller and the buyer, ensuring that both parties acknowledge the terms of the sale. Overall, the Arizona Repossession Affidavit is designed to streamline the process of vehicle repossession and transfer, while ensuring compliance with legal requirements.
REPOSSESSION AFFIDAVIT
Vehicle Division
48-0902 R08/22
www.azdot.gov
Vehicle Identification Number
Year
Make
I
Registered Owner Names (printed)
Repossession Date
Title State
I certify that I am the legal owner and a lienholder of record for the vehicle described above, that the vehicle is physically located in Arizona and that I repossessed the vehicle upon default pursuant to the terms of the lien and all applicable laws and regulations, and that the State of Arizona, its agencies, employees and agents shall not be held liable for relying on the contents of this affidavit.
Lienholder Company Name
Lienholder Agent Name
Lienholder Signature
BILL OF SALE
I hereby sell to the Buyer, the vehicle described above.
Buyer Name
Sale Date
Street Address
City
State
Zip
Name of New Lienholder (if no lien, write NONE)
Lien Date
Federal and State law require that the seller states the mileage in connection with the transfer of ownership. Failure to complete the odometer statement, or providing a false statement, may result in fines and/or imprisonment.
Odometer Reading (no tenths)
miles kilometers
Mileage in excess of the odometer mechanical limits.
NOT Actual Mileage, WARNING – ODOMETER DISCREPANCY.
I certify to the best of my knowledge that the odometer reading is the actual mileage unless one of the boxes above is checked.
Seller Name (printed)
Seller Signature
Date
State Zip
I am aware of the above odometer certification made by the seller.
Buyer Name (printed)
Buyer Signature
— Sequential Bills Of Sale Will Not Be Accepted —
Consent Guardianship Arizona - Advice on navigating the judiciary process to secure a temporary or emergency guardian for a child in Maricopa County.
140a - Designed with the taxpayer in mind, Form 140A simplifies the process of filing state income taxes for those with straightforward tax situations.