2 Del. Admin. Code § 2267-1.0 - Procedures
When a vehicle has been repossessed by a secured party and subsequently sold, assigned and transferred to a purchaser for value, the selling secured party shall complete the back of the Delaware certificate of title (as the transferor) and submit the title and completed Form No. 195 Repossession Certificate. No MV 212A Title Application is required. The secured party's lien as shown on the face of the title must be properly satisfied.
Notes
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