What form do I need to transfer title in Texas?

The signed negotiable title and completed Application for Texas Title and/or Registration (Form 130-U), must be provided to the county tax office to title the vehicle. The title application must be accompanied by Affidavit of Motor Vehicle Gift Transfer (Texas Comptroller of Public Accounts Form 14-317).

Can I sell my car for $1 in Texas?

If you sell a car for $1 or you gift a car to a non-relative, the recipient will have to pay sales tax on the vehicle's actual market value, not the single dollar you sold it for.

What documents do I need to transfer a car title in Texas?

Original signatures from buyer or authorized agent. A completed and signed application for Texas title, 130-U. This form can be faxed on demand from 1-888-232-7033 or downloaded through the Texas Department of Motor Vehicles website. Other supporting evidence may be required on an individual basis.

Does Texas Form 14-317 need to be notarized?

In addition to completing Form 130-U, Application for Texas Title and/or Registration (PDF), both the donor and person receiving the motor vehicle must complete a required joint notarized Form 14-317, Affidavit of Motor Vehicle Gift Transfer, describing the transaction and the relationship between the donor and ...

Do I have to pay taxes on a gifted car in Texas?

The transaction is subject to motor vehicle tax and standard presumptive value (SPV) procedures may apply. The $10 gift tax is due when a motor vehicle is transferred between eligible family members for no consideration.

Does a title transfer have to be notarized in Texas?

While some states require the signatures to be notarized, Texas doesn't. You can have your signatures notarized if you wish, but this isn't a required step to legally transfer a title in your state.

Do both parties have to be present to transfer a car title in Texas?

Either the donor or recipient must submit all forms and documents in person to the county tax office.

Do you need a bill of sale to transfer title in Texas?

If you're buying or selling a car or boat in Texas, you need a bill of sale. A bill of sale can also provide legal protection when buying and selling other high-value items. Learn more about what a bill of sale includes and how to create one.

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Q: Do you need a bill of sale to transfer title in Texas?

If you&#039;re buying or selling a car or boat in Texas, you need a bill of sale. A bill of sale can also provide legal protection when buying and selling other high-value items. Learn more about what a bill of sale includes and how to create one.

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