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Tennessee Repossession Laws - Repo Laws
Because the Repossession Laws - Repo Laws may change from time to time, please check the Tennessee Courts website for updated and complete Repossession Laws - Repo Laws in Tennessee.
Repossession Laws - Repo Laws in Tennessee:
Where do I refer to for Title or License Registration? For state Title and License Information, refer to:
Tennessee Motor Vehicle Division 500 Deaderick St. Nashville, Tennessee 37242
Telephone: (615) 741-3101
Fee for search of records is $2.00. Shown on title held by lienholder.
Recording Requirements:
Per the Uniform Commercial Code
adopted July, 1964: Must be filed on
record in the Registrar's office in
the county where the mortgagor
resides; if non-resident, in the
county where the property is
located.
As per the UCC, repossession is
allowed and permitted as long as it
is peaceful.
Ten (10) day redemption.
Permitted.
Liens must be recorded on title card
issued by the Department of Motor
Vehicles. Liens not dependent on
possession are not valid unless
noted on title card. Certificate of title with lien release; notarized affidavit of repossession; Bill of Sale and odometer statement.
Documents Required for Liquidation: Title with lien released, odometer statement, bill of sale, affidavit of sale/repossession.
Plates: Remain with the owner / debtor.
All recovery requirements and fees are current as of 2002.
RepossessionLaws.info does not warrant the accuracy of these Repossession Laws - Repo Laws or recovery requirements. The Repossession Laws - Repo Laws or recovery requirements listed on RepossessionLaws.info are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there. |