New Mexico title, and repossession requirements:
New Mexico Repossession Title State: Repossessor License and Repossessor Registration information refer to: New Mexico Motor Vehicle Division, P. O. Box 1028, Santa Fe, New Mexico 87504. Tel.: (505) 827-2220. Fee for search of Repossessor records: $1.10.
New Mexico Repossession Recording: With County Clerk in county where property is situated or is about to be removed. All liens on motor vehicles must appear on certificate of title. Uniform Commercial Code adopted September, 1962.
New Mexico Repossession Recovery: If repossession discussed with debtor the secured party must give a ten day notice otherwise peaceful repossession permitted.
New Mexico Repossession Deficiency: Only if contract permits repossession, sale and deficiency.
New Mexico Repossession Special Motor Vehicle Provisions: None.
New Mexico Repossession Documents Required to Transfer Ownership of Motor Vehicles: Title certification in lien holder’s name; certified copy of contract; notarized Power of Attorney; New Mexico Repossession notarized Bill of Sale.
New Mexico Repossession Plates: Remain with the vehicle or repossessor.
Fast, Professional Repossession - Quick Turn Around Times.
