Texas Name Affidavit of Buyer

State:
Texas
Control #:
TX-CLOSE5
Format:
Word; 
Rich Text
Instant download

Description

The Buyers Name Affidavit is for the Buyer to provide a statement of his or her legal name and signature, as well as to certify to other "known as" names. Many times persons sign documents in different ways and the name affidavit is necessary to clarify that the signatures are one and the same person. i.e. John Jones, John T. Jones and J.T. Jones are one and the same person.

Definition and meaning

The Texas Name Affidavit of Buyer is a legal document used to affirm the identity of a person engaged in a real estate transaction in Texas. This form is typically executed during the closing process to verify that the buyer's signatures match those on critical documents associated with the sale, including the deed and mortgage.

How to complete a form

To complete the Texas Name Affidavit of Buyer, follow these steps:

  • Print your name clearly in the designated section.
  • Sign the form, ensuring your signature matches those on other documents.
  • Have additional buyers repeat the above steps if applicable.
  • Provide confirmation of the property address involved in the transaction.
  • Have the document notarized by a licensed notary public.

Who should use this form

This affidavit is essential for any buyer involved in a real estate transaction in Texas. It is particularly important for individuals who may be purchasing property through a business entity or those whose names appear differently on various documents related to the sale.

What to expect during notarization or witnessing

When getting the Texas Name Affidavit of Buyer notarized, you can expect the following:

  • The notary public will verify your identity.
  • You will sign the affidavit in the presence of the notary.
  • The notary will complete their section of the document, adding their signature and seal.

It is crucial to ensure that you have valid identification with you when meeting with the notary.

Key components of the form

The Texas Name Affidavit of Buyer includes several vital sections:

  • Buyer's Name: The legal names of the buyers involved in the transaction.
  • Property Address: The specific location of the property associated with the transaction.
  • Signatures: The signatures of all buyers must be included.
  • Notary Acknowledgment: A section for the notary public to certify the authenticity of the signatures.

Benefits of using this form online

Utilizing online resources to access the Texas Name Affidavit of Buyer offers several advantages:

  • Convenience: Users can download the form at any time, streamlining the process.
  • Accessibility: Online forms ensure you have the latest version, tailored for your needs.
  • Guidance: Many online platforms provide step-by-step instructions for completion.

Common mistakes to avoid when using this form

When completing the Texas Name Affidavit of Buyer, it's essential to avoid common pitfalls:

  • Ensuring all signatures match exactly with the documents listed.
  • Neglecting to have the form notarized, which can render it invalid.
  • Failing to complete all required fields, leading to delays in the real estate transaction.

How to fill out Texas Name Affidavit Of Buyer?

Get access to top quality Texas Name Affidavit of Buyer templates online with US Legal Forms. Prevent hours of lost time seeking the internet and dropped money on forms that aren’t updated. US Legal Forms provides you with a solution to exactly that. Get around 85,000 state-specific legal and tax samples that you can download and submit in clicks within the Forms library.

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Now you can open up the Texas Name Affidavit of Buyer template and fill it out online or print it out and get it done by hand. Consider sending the papers to your legal counsel to make sure all things are completed appropriately. If you make a mistake, print and fill application again (once you’ve registered an account every document you download is reusable). Create your US Legal Forms account now and get more samples.

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FAQ

There are two locations you must sign. Sign on the front of the title where it is marked Signature of Owner or Agent. Sign the back of the title where it is marked "Signature of Seller/Agent." Print your name on the back of the title where it reads "Printed Name (Same as Signature)."

Each Certificate of Title must be signed by the Seller on the front of the Texas Certificate of Title on the Signature of Owner line. The back of each Title needs to be completed, as well.Title can only be transferred to the winning bidder's name or company name as it appears on the receipt we email to you.

You and seller must both sign. (Your application, but his record of the sale). If necessary you can go with the seller to a Texas Division of Motor Vehicle office.

Form 130-U is used in the State of Texas to apply for a title to a vehicle. Also known as an Application for Texas Title, the document is completed to transfer the title from the seller of the vehicle to its new owner.

In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.

1. TO COMPLETE THE TX MOTOR VEHICLE TRANSFER NOTIFICATION ONLINE: PREFERRED METHOD If possible, we highly recommend completing forms online instead of by mail, so you may easily save and print out a copy for your records that includes a date/timestamp.

The title fee is $33, plus motor-vehicle sales tax (6.25 percent). There is also a $2.50 transfer of a current registration fee. If the license is not current, there may be a registration fee. Please note sales tax is paid on the actual price or 80% of the Standard Presumptive Value -- whichever is the higher amount.

Texas titles must be notarized. Only sign the title in the presence of a notary public.Print your name (or names) on the back of the title where it says Seller(s) Hand Printed Name(s). For vehicles less than 10 years old, you must include an odometer disclosure statement reflecting the current odometer reading.

Texas title, signed and dated by the seller(s) and buyer(s). VTR-130U (Application for Texas title), signed and dated by the seller(s) and buyer(s). Proof of insurance in the buyer's name. Acceptable form of ID. Proof of inspection. Fees.

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Texas Name Affidavit of Buyer