How To Register A Gifted Car In Texas
A gifted vehicle should include the application for texas certificate of title form 130 u and affidavit of motor vehicle gift transfer form 14 317.
How to register a gifted car in texas. Application for texas certificate of title form 130 u. Application for texas title 130 u original signature of the donor as the seller and recipient as the buyer is required. Pay any necessary county fees and the car is yours. Once the paperwork is filled out just go to the county tax assessor s office in the county where the person who died was living at the time of their death. You will need to bring the car title proof that the car passed inspection proof of liability insurance and the registration fee.
To gift a car in texas there are a few forms that need filling out to properly transfer title. Update your auto insurance. Transferring the vehicle title is the first step of the procedure. To apply for the auto title change of ownership submit the following to your county tax office. The first thing that a person who wants to give a vehicle as a gift needs to do is make sure that they are the legal owners of the vehicle.
Inherited vehicles need an affidavit of heirship for a motor vehicle form vtr 262 if no will exists. Likewise if someone gives you a car make sure you get the properly signed title. Try calling your old car insurance company to see if they offer policies in texas. That means that they have to check whether there is a lien on it. Affidavit of motor vehicle gift transfer form 14 317.
When you give someone a vehicle you must sign over the title to that person. Of course if you buy a car and then gift it you will have to pay sales tax on. The texas title properly assigned to you by the previous owner. Legal name on the buyer s photo id must match the name on the application for texas title 130 u affidavit of motor vehicle gift transfer. You and or your son will need to submit those documents in person to your county tax office and pay the 10 gift tax.
After this process is complete then your son will be the titled owner of the vehicle. Plus a 10 gift tax. Begin by filling out an assignment of title section of the vehicle s ownership title and record the odometer reading on the odometer disclosure statement. For example if the car sales tax in your state is 10 and you gift a 20 000 car you can save 2 000 on sales tax. If there is a lien on the car it can not be transferred as a gift.