No. INSTRUCTIONS > Lenders must complete boxes. If Lender is selling vehicle, Purchaser information is required in boxes. BORROWER. LENDER.Complete this form and bring it with the license plates, if any, to any Motor Vehicles office. This form is used to notify the New York State Department of Motor Vehicles about the repossession of a motor vehicle or motorcycle. Edit, sign, and share notice of repossession form online. No need to install software, just go to DocHub, and sign up instantly and for free. Follow this simple instruction to redact Repo order form in PDF format online at no cost: Sign up and log in. The MV-327 form, also known as the Notice of Repossession of a Motor Vehicle or Motorcycle, serves as a critical document in this procedure. Curing the default means catching up on payments, and it's a way to avoid auto repossession. If you don't make your car payments on time, your lender might have the right to take your car without going to court or telling you first.