This form must be completed when a vehicle is repossessed. All fields are required to be completed.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. 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. This document provides essential instructions for completing the Texas Department of Motor Vehicles Repossessed Motor Vehicle Affidavit. The VTR-264 form, titled Repossessed Motor Vehicle Affidavit, is a necessary document for lienholders in Texas when a vehicle is repossessed. Edit, sign, and share right of repossession online. In this case, the dealer may have to repossess the vehicle.