Get Mv950

The Mv950 form is essential for documenting the repossession and bill of sale for motor vehicles. This guide provides clear, step-by-step instructions to assist you in accurately completing the Mv950 online, ensuring compliance with applicable laws and requirements.

Follow the steps to successfully complete the Mv950 form online.

1. To start, press the ‘Get Form’ button to access the Mv950 document and open it in your preferred online editor.
2. In section 1, provide a detailed description of the vehicle, including the year, make, model, state of last registration, plate number, and vehicle identification number (VIN). This information is crucial for identifying the repossessed vehicle.
3. Next, fill in section 2 with the lender's information. This includes the business name or lender's full name, address, and city/state/ZIP code for both the lender and the borrower.
4. In the designated area, state the date of repossession and the reason for repossession, including the security contract date. If applicable, also provide the name of the auctioneer authorized to sell the vehicle.
5. Complete section 3 by listing the parties who received proper notice of the repossession, including the police agency name, the Commissioner of Motor Vehicles notification, and borrower/current owner details.
6. Affirm the completion of notifications in section 3 by signing the form, noting any additional liens on the vehicle if applicable.
7. In section 4, disclose the vehicle's odometer reading, including whether it has 5, 6, or 7 digits, and check the appropriate certification box concerning the accuracy of the mileage.
8. Proceed to section 5 to disclose any damage status of the vehicle. Indicate whether the vehicle has been wrecked or salvaged and certify the details based on your knowledge.
9. Once you have completed all sections accurately, you can save changes, download the completed form, print it, or share it as needed.

Complete your Mv950 form online today for a smooth repossession process.