The Repossessed Motor Vehicle Affidavit is a crucial document used in the German legal system when a financed or leased vehicle is repossessed due to payment default or contract breach. This document must comply with German civil law (Bürgerliches Gesetzbuch - BGB) and vehicle registration requirements. It serves as an official record detailing the vehicle's identification, condition at repossession, circumstances of the repossession, and legal authority for the action. The affidavit is typically required by courts, registration authorities, and financial institutions to document the legal transfer of possession and protect the rights of all parties involved. It must be properly notarized and may be used in subsequent legal proceedings or for insurance purposes.
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1. Declaration Header: States that this is an affidavit, includes the date and place of execution, and identifies the affiant (person making the declaration)
2. Affiant Information: Full legal name, position/authority, and business address of the person making the affidavit
3. Vehicle Information: Detailed description of the vehicle including make, model, year, VIN, license plate number, and any identifying features
4. Basis for Repossession: Details of the underlying agreement, default conditions, and legal basis for repossession under German law
5. Repossession Details: Date, time, location, and circumstances of the repossession, including method of repossession and persons present
6. Vehicle Condition: Detailed description of the vehicle's condition at the time of repossession, including any damage or missing components
7. Personal Property: Statement regarding any personal property found in the vehicle and its disposition
8. Verification Statement: Formal statement affirming that all information provided is true and correct to the best of the affiant's knowledge
1. Prior Notification: Details of any notices or warnings sent to the debtor before repossession (include if notices were sent)
2. Police Involvement: Details of any police presence or reports during repossession (include if police were involved)
3. Third-Party Claims: Information about any third-party claims or interests in the vehicle (include if such claims exist)
4. Storage Location: Details about where the vehicle is being stored post-repossession (include if relevant to the case)
5. Witness Statement: Statements from witnesses to the repossession (include if witnesses were present)
1. Photographic Evidence: Photographs of the vehicle at the time of repossession, showing condition and any damage
2. Vehicle Documentation: Copies of vehicle registration, insurance documents, and original purchase/finance agreement
3. Default Notices: Copies of all notices sent to the debtor regarding payment default and intended repossession
4. Condition Report: Detailed technical report of vehicle condition, including any damage assessment
5. Personal Property Inventory: Detailed list of any personal items found in the vehicle
Relevant legal definitions
Affiant
Vehicle
Security Interest
Financing Agreement
Default
Repossession Date
Repossession Agent
Secured Party
Debtor
Vehicle Documentation
Personal Property
Vehicle Identification Number
Registration Documents
Kraftfahrzeugbrief
Zulassungsbescheinigung
Notice of Default
Storage Facility
Condition Report
Notary Public
Witness
Legal Authority
Default Notice
Recovery Location
Personal Effects
Insurance Policy
Lien
Payment Terms
Outstanding Balance
Recovery Costs
Storage Costs
Vehicle
Security Interest
Financing Agreement
Default
Repossession Date
Repossession Agent
Secured Party
Debtor
Vehicle Documentation
Personal Property
Vehicle Identification Number
Registration Documents
Kraftfahrzeugbrief
Zulassungsbescheinigung
Notice of Default
Storage Facility
Condition Report
Notary Public
Witness
Legal Authority
Default Notice
Recovery Location
Personal Effects
Insurance Policy
Lien
Payment Terms
Outstanding Balance
Recovery Costs
Storage Costs
Clauses
Relevant Industries
Automotive
Financial Services
Banking
Insurance
Legal Services
Transportation
Asset Management
Debt Collection
Vehicle Leasing
Fleet Management
Relevant Teams
Legal
Collections
Risk Management
Compliance
Documentation
Asset Recovery
Finance
Operations
Credit Administration
Vehicle Administration
Relevant Roles
Collections Manager
Legal Counsel
Recovery Specialist
Asset Manager
Credit Manager
Fleet Manager
Compliance Officer
Risk Manager
Documentation Specialist
Vehicle Recovery Agent
Finance Manager
Legal Administrator
Claims Adjuster
Contract Administrator
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