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You are required by law to notify DMV within five calendar days from the date you sell or transfer title or interest in and deliver possession of a vehicle to another owner (Vehicle Code Section 5900).
If the buyer does not sign the title and mail or give it to DVS, then the seller's name stays on the title of the car. If the buyer doesn't transfer the title within 10 days, the car's registration is suspended. What should I do if I sold a car but didn't report the sale? You should report the sale to DVS immediately.
Vehicles are required to be titled in the buyer's name within 30 days from the date of sale. Failing to properly transfer a vehicle into the buyer's name could result in the seller being held responsible for tickets, toll violations or even crimes committed with the vehicle.
Texas Sellers liability for the vehicle in the event the buyer does not transfer the title. You only have 30 days to file the Vehicle Transfer Notification to receive this state- guaranteed removal of liability.
This can be done using a printed REG 138 or online, using the Internet Notice of Release of Liability (IRL) on the DMV Internet website. DMV cannot update the vehicle record if the transfer date is missing.