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Rhode Island Repo Laws - Repossession Laws

 

 

Because the Repo Laws - Repossession Laws may change from time to time, please check the Rhode Island Courts website for updated and complete Repo Laws - Repossession Laws in Rhode Island.

 


 

Repo Laws - Repossession Laws in Rhode Island:

 

Where do I refer to for Title or License Registration?

For state Title and License Information, refer to:

 

Rhode Island Division of Motor Vehicles

286 Main Street

Pawtucket, Rhode Island 02860

 

Telephone: (401) 277-2970.


Security Interests:

Shown on title held by lienholder.

 

Recording Requirements:

Per the Uniform Commercial Code adopted in July, 1962: Filed with Town Clerk or Recorder where mortgagor resides.

Recovery Requirements:

As per the UCC, repossession is allowed and permitted as long as it is peaceful.

Redemption Requirements:

No provisions.

Deficiency Requirements:

No statutory provisions and seemingly enforceable if contract so provides. Judgment notes are invalid.

Special Motor Vehicle Provisions:

No provisions.

Documents Required to Transfer Ownership of Motor Vehicle:

Title in lienholder's name; certified copy of lien instrument; affidavit of repossession; notarized Bill of Sale and Power of Attorney.

 

Documents Required for Liquidation:

Bill of Sale, Affidavit of Repossession, Title, Inspection required.

 

Plates:

Remain with the owner / debtor, if transferred to another vehicle, otherwise, the plates must be returned to the Registry of Motor Vehicles.

 

All recovery requirements and fees are current as of 2002.

 


 

Repo-Laws.com does not warrant the accuracy of these Repo Laws - Repossession Laws or recovery requirements. The Repo Laws - Repossession Laws or recovery requirements listed on Repo-Laws.com are only a starting point for reference, and are not meant to be legal advice or a replacement for legal console. Please consult a repo company in your area, county, or state if you have any questions about repossession there.

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