ORIGINFORMSTUDIO.COM – VTR-17 – Title Revocation Affidavit for a First Sale – The VTR-17 Title Revocation Affidavit is an important document that must be completed whenever a vehicle is sold for the first time. This document serves two primary purposes: to protect the seller from any future liability, and to ensure that the buyer has legal ownership of the vehicle. It’s important for individuals who are buying or selling a car to understand this process and why it’s necessary.
Download VTR-17 – Title Revocation Affidavit for a First Sale
|Form Title||Title Revocation Affidavit for a First Sale|
|File Size||2 MB|
|Form By||Texas DMV Form|
What is a VTR-17 Form?
A VTR-17 Form is a Title Revocation Affidavit used in Texas. It is an official document that must be completed and notarized when transferring title of ownership for the first sale of a motor vehicle, trailer or boat in the state. The form must include details about the buyer and seller, as well as information about the vehicle being sold such as its Vehicle Identification Number (VIN). The purpose of filling out this form is to provide proof that both parties have agreed to transfer title of ownership from one to another.
The VTR-17 Form also includes important information about any liens or encumbrances on the vehicle that need to be released before it can be registered by the new owner with their local county assessor-collector’s office.
What is the Purpose of the VTR-17 Form?
The VTR-17 form serves as an affidavit to revoke a title for a first sale. It is used when the buyer of a vehicle, trailer, mobile home or boat does not receive the full title from the seller. This form must be completed and submitted to the local county tax office by both parties involved in order to revoke the title and transfer ownership of the vehicle.
The purpose of this document is to ensure that taxes are paid on any vehicles purchased in Texas, even if no title is granted. The VTR-17 ensures both parties are aware that they are responsible for paying applicable taxes on the item being sold. Additionally, it can protect buyers from buying stolen or otherwise illegally owned items. The form also guarantees that all proper paperwork has been filed with local authorities so that titles can be transferred from one owner to another successfully and legally.
Where Can I Find a VTR-17 Form?
The VTR-17 form is an important document for anyone who owns a vehicle in Texas. A VTR-17 is used to revoke the title of a vehicle that has been sold to someone else. Revoking the title ensures that the person who bought the car is now responsible for any taxes or fees associated with it. The form can be found on the website of the Texas Department of Motor Vehicles, which provides all forms related to vehicles in the state.
The VTR-17 must be filled out accurately and completely before submitting it to the DMV. It requires information such as: seller’s name, buyer’s name, date of sale, odometer reading, and more. Once completed and submitted to the DMV, they will process it within 5 business days and issue a new title certificate if approved.
VTR-17 – Title Revocation Affidavit for a First Sale
The VTR-17 Title Revocation Affidavit for a First Sale is an official form used in the state of Texas to revoke a title from the previous owner and transfer it over to the new owner. This document is required when buying a vehicle from private parties or dealers, and must be filled out completely by both parties prior to the sale being completed. The document includes necessary information such as vehicle identification number (VIN), year, make, model, odometer reading and seller’s signature. In addition, it requires proof of ownership from both parties including title certificate or registration documents.
Once all information is properly entered into the document, both parties sign off on it and file it with the local county tax office along with other paperwork associated with transferring ownership.