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A written record that details the transfer of personal property is also known as a bill of sale. In Texas, a bill of sale is not legally required; however, creating or obtaining one is a valuable way to verify a sale, especially when selling expensive personal property such commercial equipment or precious metals.
A bill of sale is a legal document that a seller fills out and signs and gives to the buyer.
To record the transaction, a bill of sale must outline every aspect of the agreement. This means including basic information about the buyer, seller, and purchase price, as well as docHubd signatures from both parties.
The requirements for a Texas vehicle bill of sale include the sellers name, county of residence, and the selling price of the motor vehicle; the buyers name and drivers license number; the year, make, model, and VIN of the vehicle; and the seller must sign and date the form in front of a notary public.
Though standard form bill of sales are available online and from your local county tax collectors office, its also perfectly acceptable to write your own.

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Texas refers to its bill of sale documents as Vehicle Transfer Notifications. The official document is called a Form VTR-346, and it includes details about the car, sale, seller, and buyer, specifically: Vehicle Identification Number, or VIN.
Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyers legal ownership. Its the final step in the process and proves that the buyer is the legal owner.
A Texas motor vehicle bill of sale is a legal document used to demonstrate that a motor vehicle has been legally sold. A bill of sale will contain information about the buyer and the seller, a description of the vehicle being sold, and information about the transaction, such as price.
In Texas, a bill of sale is not legally required; however, creating or obtaining one is a valuable way to verify a sale, especially when selling expensive personal property such commercial equipment or precious metals.
Its also an important document for the buyers and the sellers records, and it proves to the DMV that you bought that vehicle from the named seller legally. The bill of sale is not a form of title, but you could use it to obtain the vehicles title from the DMV.

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