I certify that I, or the firm, company, or corporation I am authorized to represent, am the legal owner within the meaning of California Vehicle Code. The total processing time for a company application is approximately 4 months provided the application is complete and contains no deficiencies.How do I fill this out? Who needs to fill out this form? Lenders, auction houses, and individuals involved in vehicle repossession must complete this form. Under California law, a repossession agency must give you a notice of seizure within 48 hours of taking the car. Learn more about New York's repossession laws, what New York repo agents can and cannot do, and what happens after the car is taken away. 5 letter words with ont in the middle.