This form must be completed when a vehicle is repossessed. All fields are required to be completed.This document provides essential instructions for completing the Texas Department of Motor Vehicles Repossessed Motor Vehicle Affidavit. Edit, sign, and share affidavit of repossession texas online. No need to install software, just go to DocHub, and sign up instantly and for free. The lienholder (dealer included) must apply for a Texas Certificate of. Title in their name with a copy of the security agreement before reselling the vehicle. How do I fill this out? To fill out the form, first gather all necessary documents related to the repossession. To ensure the repossession and title transfer process is completed accurately and legally, it's crucial to fill out the VTR-264 form meticulously.