This form is a bill of sale of an automobile which shows proof of purchase.
This form is a bill of sale of an automobile which shows proof of purchase.
The Bill Sale Form Texas you see on this page is a multi-usable legal template drafted by professional lawyers in line with federal and regional regulations. For more than 25 years, US Legal Forms has provided individuals, businesses, and attorneys with more than 85,000 verified, state-specific forms for any business and personal scenario. It’s the fastest, easiest and most trustworthy way to obtain the documents you need, as the service guarantees bank-level data security and anti-malware protection.
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While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper.
Prepare the Title This should include the sale date and odometer reading. You will also need Form 130-U, the Application for Texas Title, and/or Registration. Form 130-U acts as a legal bill of sale. The Texas Department of Motor Vehicles (DMV) website has links to digital copies of the necessary forms.
While you don't have to get a bill of sale notarized, you should do so anyway for the following key reasons: Notarizing it helps ensure a smoother and quicker transfer of ownership. A notarized bill of sale is important as it protects both the seller and buyer from scams or fraud.
Selling a Vehicle To protect yourself from liability, you should complete a Vehicle Transfer Notification within 30 days from the date of sale. You may still submit a vehicle transfer notification after 30 days from the date of sale, but it does not guarantee release from liability.
A written record that details the transfer of personal property is also known as a bill of sale. In Texas, a bill of sale is not legally required; however, creating or obtaining one is a valuable way to verify a sale, especially when selling expensive personal property such commercial equipment or precious metals.