A Certificate of Repossession is a critical document required under New Zealand law when a creditor takes possession of property following default under a credit contract. This certificate must be prepared in accordance with the Credit Contracts and Consumer Finance Act 2003 and its amendments. It is used to document the details of the repossession, including the identity of all parties involved, description of the repossessed property, and confirmation of compliance with legal requirements. The certificate serves multiple purposes: it provides evidence of lawful repossession, protects the creditor's interests, ensures transparency in the repossession process, and forms part of the official record required by regulatory authorities. It is particularly important in cases where the repossession might be challenged or where regulatory compliance needs to be demonstrated.

1. Certificate Title and Date: Formal title of the document as 'Certificate of Repossession' with date of execution

2. Creditor Details: Full legal name and contact details of the creditor or financial institution

3. Debtor Details: Full legal name and last known contact details of the debtor

4. Credit Contract Reference: Details of the original credit contract including reference number and date

5. Property Description: Detailed description of the repossessed property including serial numbers, identifying features, and condition

6. Repossession Details: Date, time, and location of repossession, including method of gaining possession

7. Compliance Statement: Statement confirming compliance with CCCFA requirements and proper notice procedures

8. Agent Details: If applicable, details of the repossession agent who carried out the repossession

9. Certification: Formal certification statement and signature block for authorized representative