Can I Get a Title With a Bill of Sale in Texas?
How to Get a Title for a Car with Only a Receipt With an Automotive Surety Bond Texas
The Texas Department of Motor Vehicles has specific requirements for obtaining a bonded title. To be eligible, you must be a Texas resident or military personnel stationed in Texas, and the vehicle must be in your possession. The vehicle cannot be considered junk, nonrepairable, or otherwise ineligible for a title. Although not required to be an operational motor vehicle dealer bond itself, it must be a complete motor vehicle dealer bond, including a frame, body, and motor, or if a motorcycle, a frame, and a motor.
If you meet the eligibility requirements, you can take or mail the following documents and a $15.00 administrative fee to the nearest TxDMV Regional Service Center: Bonded Title Application (Form VTR-130-SOF), any supporting evidence of ownership such as a Bill of Sale, Invoice, or Cancelled Check, and acceptable photo ID. The TxDMV accepts cash, checks, and money orders as payment.
If the vehicle is an out-of-state vehicle, the vehicle identification number must be verified by a Texas-certified Safety Inspection Station (Vehicle Inspection Report). If the vehicle has never been titled or registered in Texas, a vehicle identification number inspection is required from an auto theft investigator on the Law Enforcement Identification Number Inspection (Form VTR-68-A). These inspections are not offered by the TxDMV, and you must inquire with local law enforcement agencies such as the police department or sheriff’s office to determine when and where your local law enforcement offers these vehicle sales and inspections.
After submitting the required documents and completing the necessary inspections, if your documents are approved, you will be issued a Notice of Determination for a Bonded Title or Tax Assessor-Collector Hearing (Form VTR-130-ND) stating the amount of the bond you must purchase. The bond amount is equal to 1 ½ times the value of the vehicle. The department will determine the bond amount from the value of the vehicle using the Standard Presumptive Value (SPV) from their website as the primary source. If an SPV is not available, the National Auto Dealers Association (NADA) reference guide will be used, or a licensed motor vehicle dealer or insurance adjuster may appraise the vehicle on form Motor Vehicle Appraisal for Tax Collector Hearing / Bonded Title (Form VTR-125) provided by TxDMV.
It’s important to note that for appraisals under $4,000 on vehicles 25 years old or older, the value of dealer bonds will be set at $4,000. Once you have purchased the dealer bond, submitted proof of the bond purchase to the TxDMV, and paid all applicable fees and taxes, you will be issued a bonded title. The process of an auto dealer bond cost obtaining a bonded title in Texas can be complicated and time-consuming. Seeking assistance from a professional bonding company can help simplify the process and ensure all necessary steps are completed accurately and efficiently.
Getting The Bond
If you’re in the process of obtaining a bonded title in Texas, there are some important steps you’ll need to follow to ensure that the process goes smoothly. One of the final steps in obtaining a bonded title is purchasing a surety bond, which can be done through any agency licensed to sell vehicle Surety Bonds in Texas. In this article, we’ll take a closer look at what you need to do to purchase a surety bond and complete the process of obtaining a bonded title.
Once you have received the Notice of Determination for a Bonded Title or Tax Assessor-Collector Hearing (Form VTR-130-ND)
Once you have received the Notice of Determination for a Bonded Title or Tax Assessor-Collector Hearing (Form VTR-130-ND) and other required documents from the TxDMV Regional Service Center, you will need to take them to an agency that is licensed to sell vehicle Surety Bonds in Texas. This can be an auto dealer, insurance agency or any other agency that has motor vehicles that require is licensed to sell these bonds. These agencies will be able to help you purchase the surety bond that you need to complete the process of obtaining a bonded title.
It’s important to note that you have one year from the date of the notice to purchase a surety bond in the amount shown on the notice dealer bond. If you don’t purchase the bond within this timeframe, you will need to obtain a new notice and bond. This means that it’s important to act quickly to get a separate bond to avoid any unnecessary delays or complications.
Finally, if records indicate that the vehicle has a lien that is less than 10 years old, the car dealer or surety bonding company is responsible for ensuring that the lien has been satisfied or released. This means that you can rely on the car dealer bond bonding or surety company to handle any outstanding liens or other issues related to the vehicle’s ownership.
Overall, purchasing an auto dealer license and a surety bond is an important final step in the process of obtaining a bonded title in Texas. By working with a licensed agency and acting quickly to purchase the auto dealer surety bond, you can ensure that the process goes smoothly and that you can complete the sale of your vehicle without any unnecessary delays or complications.
Last Step to Getting Your Bonded Title
To apply for a bonded title in Texas, you need to take the original Notice of Determination for a Bonded Title or Tax Assessor-Collector Hearing (Form VTR-130-ND) given to you by the Regional Service Center, along with other documents to your county tax office within 30 days period and expiration date of purchasing the surety bond. In addition to the Notice of Determination, you will need to submit a completed Application for Texas Title and/or Registration (Form 130-U).
If there is no Texas record for the vehicle, you will need to have a Law Enforcement Identification Number Inspection (Form VTR-68-A) completed by an auto theft investigator. If the vehicle was previously titled out-of-state, you will need to have a Vehicle Identification Report (VIR) completed by an authorized Safety Inspection Station.
For commercial vehicles or trucks, you will need to submit a weight certificate along with the other required documents. If the vehicle is imported, you must provide Customs documents that indicate the vehicle was properly imported and is compliant or exempt from all Federal safety regulations.
Once you have submitted all the required documents, your county tax office will review your application and determine whether to issue a bonded title. If approved, you will receive your new bonded title and will be able to register and operate your vehicle legally.
It is important to note that if you do not purchase a surety bond within one year of receiving the Notice of Determination, you will need to obtain a new notice and bond from the motor vehicle surety bond company before you can proceed with the bonded title application process. Additionally, if records indicate that the motor vehicle dealer has a lien that is less than 10 years old, the surety bonding company is responsible for ensuring that the lien has been satisfied or released.
Conclusion to Getting a Title With a Bill of Sale
In conclusion, obtaining a bonded title in Texas can be a complex process, but it is necessary if you wish to sell a vehicle without a title. It is important to ensure that you meet the eligibility requirements and have all the necessary documentation before beginning the process of auto dealer bonds and surety, Following the steps outlined by the Texas Department of Motor Vehicles, can help simplify the process and ensure that you receive a bonded title in a timely manner. Once you have obtained a surety bond, it is important to purchase the bond within one year and then take the necessary documents to the county tax office to complete the process. While the process used a car dealer bonds, may seem overwhelming, it is essential for ensuring a smooth and legal transfer of vehicle ownership in the state of Texas.