Yes, it's crucial to notify the Texas Department of Motor Vehicles (TxDMV) when you sell a car to officially transfer ownership and release yourself from any potential liabilities or responsibilities related to the vehicle. Here's how you can notify the TxDMV about selling your car:
- Complete the Title Transfer Document: Obtain the Texas Certificate of Title from the buyer and fill out the required sections, including the buyer's personal information and the date of sale.
- Sign and Notarize the Title: Both you (the seller) and the buyer must sign the title in front of a notary public. This step is crucial to make the title transfer legally binding.
- Attach Required Forms: Depending on the county where you reside, you might need to attach additional forms. Check with your local TxDMV office or website for the necessary forms.
- Submit the Documents: Within 30 days of selling the car, submit the completed title transfer document, any required forms, and appropriate fees to the TxDMV. You can visit a local TxDMV office or mail the documents.
- Keep a Copy: Make sure to retain a copy of the completed title transfer document and receipts from the TxDMV for your records.
By notifying the TxDMV and processing the title transfer properly, you ensure that the buyer legally owns the vehicle. This step also safeguards you from potential issues, penalties, or disputes related to the sold car in the future. Remember to follow the procedures and meet the relevant deadlines set by the TxDMV to complete the vehicle title transfer process smoothly.