Report Of Sale Of Motor Vehicle SP-907M 2026

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  1. Click ‘Get Form’ to open the Report Of Sale Of Motor Vehicle SP-907M in the editor.
  2. Begin by filling in the 'File No.' and 'County' at the top of the form. This information is essential for tracking your petition.
  3. In the 'Name And Address Of Petitioner' section, enter your full name and address accurately to ensure proper identification.
  4. Next, specify the 'Name Of Respondent(s)' who are involved in this transaction. This could be the vehicle owner or other relevant parties.
  5. Indicate your status as a petitioner by checking one of the three options provided regarding your relationship to the vehicle(s).
  6. List each vehicle on the reverse side, including details such as Make/Year, Name of Registered Owner, and any associated costs like repairs or towing.
  7. Finally, sign and date the form at the bottom, confirming that all information provided is accurate to your knowledge.

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Provide the buyer with the following: Signed Application for Texas Title and/or Registration (Form 130-U) with the sales price clearly shown.
Complete the Motor Vehicle Vehicle Transfer Notification Form VTR 346. The form can be printed and mailed, or it can be filed electronically. Upon receipt of the form , TxDMV will place a notation on the motor vehicle record indicating that the vehicle has been sold.
Submit this form within 30 days of the vehicles date of transfer to help protect yourself from liability for criminal or civil acts involving the vehicle and the person(s) or entity taking ownership. However, the department will still notate your record if submitted after the 30 days.
As the seller, you are legally obligated to submit a Report of Sale within 5 days of the sale date. Filing a Report of Sale protects you from being liable for towing charges or civil and criminal liabilities incurred by the new owner.
When a vehicle is sold (or otherwise transferred) you, the seller, are required to: complete a sold notice on AZ MVD Now. sign off the back of the title. remove the license plate from the vehicle and contact MVD to transfer it to another vehicle you own, or destroy it.

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People also ask

Income Tax Keep accurate records of any expenses related to the cars sale to ensure you deduct the appropriate amount. If the car was a personal asset, report the sale on an Internal Revenue Service Form 1040, Schedule D. If your vehicle was business property, report the sale on IRS Form 4797 or Form 8824.
Question: I sold my vehicle Complete the Motor Vehicle Vehicle Transfer Notification Form VTR-346. The form can be printed and mailed or filed electronically. Visit the Texas Department of Motor Vehicles website to learn more and to access the form.

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