New York
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| 2010 |
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| Title State |
License and Registration information refer to: New York Department of Motor Vehicles, Public Service Department, P. O. Box 2750, Albany, New York 12220. Tel.: (518) 486-4714. |
| Recording |
Must be filed in the city or town where mortgagor or buyer resides at time of execution of the document. If non-resident, then where property is located. Uniform Commercial Code adopted September, 1964. |
| Recovery |
Peaceful repossession permitted. |
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| Redemption |
No redemption after foreclosure and sale. |
| Deficiency |
Permitted if provided for by the mortgage. Retaking does not bar suit for price and vice-versa. Confession of judgment notes are permitted. |
| Special Motor Vehicle Provisions |
None. |
| Documents Required to Transfer Ownership of Motor Vehicle |
Title in lienholder's name and notarized Bill of Sale. PLATES: Must be sent to MVB if the owner does not accept them and sign for them when vehicle is repossessed. |
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