Texas Bill of Sale of Automobile and Odometer Statement
About this form
The Bill of Sale of Automobile is a legal document that provides proof of the sale and transfer of ownership for a motor vehicle. This form differentiates itself from other sales agreements by including an Odometer Disclosure Statement, which is required by federal and state law. This ensures that the odometer reading is accurately reported at the time of sale, protecting both the buyer and seller from potential fraud.
Main sections of this form
- Seller and Buyer information, including names and signatures.
- Description of the motor vehicle, including make, model, year, and VIN.
- Guarantee from the seller that the vehicle is free from encumbrances.
- Odometer Disclosure Statement detailing the current mileage and odometer status.
- Notary public section for formal acknowledgment of signatures.
When to use this form
This form should be used whenever a motor vehicle is being sold. It serves as a formal agreement between the buyer and seller, documenting the transfer of ownership. This document is essential for registering the vehicle under the new owner's name and ensuring compliance with state laws regarding odometer disclosures.
Who this form is for
This form is ideal for:
- Individual sellers transferring ownership of their personal vehicle.
- Buyers purchasing a used vehicle from a private seller.
- Owners of motor vehicles needing to disclose odometer readings accurately.
How to prepare this document
- Identify the parties involved: Seller(s) and Buyer(s).
- Populate the description fields for the vehicle: make, model, year, and VIN.
- Specify the sale amount and ensure the seller guarantees ownership.
- Fill in the Odometer Disclosure Statement with the current mileage.
- Sign the document in the presence of a notary public.
Notarization requirements for this form
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to accurately report the odometer reading.
- Not having the document notarized when required, which can render it invalid.
- Leaving out important vehicle details like the VIN or make and model.
Benefits of using this form online
- Convenient access to legal forms without the need for in-person consultations.
- Editable fields allow for customization to fit specific transaction details.
- Reliable templates drafted by licensed attorneys streamline the process.
What to keep in mind
- The Bill of Sale of Automobile documents the sale and transfer of a vehicleâs ownership.
- It includes an Odometer Disclosure Statement as mandated by law.
- Notarization is required for this form to ensure validity.
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FAQ
Though standard form bill of sales are available online and from your local county tax collector's office, it's also perfectly acceptable to write your own.
A Texas Bill of Sale is legal proof that documents the sale of an item between private person or between a business and an individual. It contains information such as a description of the property being sold, the name of the buyer, the name of the seller, and the amount that was exchanged for the sale.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
The state does not require the document be notarized, but it does suggest that both parties jointly visit the county tax office when the seller is signing over title to the vehicle.
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults source: Cooper.
The date of the sale. The sale price. The full name and address of both the buyer and the seller. A general description of the vehicle, including its make, model, and condition. The vehicle identification and license plate numbers of the car.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.