Texas Bill of Sale of Automobile and Odometer Statement
About this form
The Bill of Sale of Automobile and Odometer Statement is a legal document used to transfer ownership of an automobile from the seller to the buyer. This form includes essential information such as the vehicle's make, model, VIN, and odometer reading, ensuring compliance with federal and state laws regarding vehicle sales. Unlike generic bills of sale, this form specifically addresses automobile transactions and includes an Odometer Disclosure Statement to protect both parties' interests.
Form components explained
- Details of the vehicle, including make, model, year, and VIN.
- Seller's affirmation of ownership and guarantee that the vehicle is free of claims.
- Odometer Disclosure Statement for confirming the vehicle's mileage.
- Spaces for both the buyer's and seller's signatures.
- Notarization section to certify the authenticity of the document.
State-specific requirements
In Texas, the Bill of Sale of Automobile must be completed and signed in the presence of a notary public to ensure its legal validity. The included Odometer Disclosure must also be accurately filled to comply with vehicle sale regulations.
Common use cases
This form should be used when you are buying or selling a motor vehicle. It is necessary to document the transaction for legal purposes, ensuring both parties have a record of the change in ownership. Additionally, it serves to provide proof of the vehicle's odometer reading at the time of sale, which is critical for compliance with regulations on mileage disclosures.
Who should use this form
- Individuals selling or buying an automobile.
- Dealerships facilitating automobile sales.
- Those looking to comply with state and federal regulations when transferring vehicle ownership.
Instructions for completing this form
- Enter the date of the transaction and the county where the sale takes place.
- Fill in the agreed purchase price in both word and numeral format.
- Provide detailed information about the vehicle, including make, model, year, and VIN.
- Sign the document and ensure the buyer also signs it.
- Have the form notarized to validate the transaction.
Does this document require notarization?
This document requires notarization to meet legal standards. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available 24/7.
Common mistakes
- Failing to accurately fill out the vehicle's VIN or Mileage.
- Not having the form notarized when required.
- Leaving sections blank, such as buyer or seller information.
Benefits of completing this form online
- Immediate access to a legally vetted and professionally drafted document.
- Convenience of downloading and printing from the comfort of your own home.
- Ability to customize the form as needed while ensuring compliance with legal standards.
Form popularity
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.
