Texas Transportation Code 503.005 – Notice of Sale or Transfer
Current as of: 2024 | Check for updates
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(a) A manufacturer or dealer shall immediately notify the department if the manufacturer or dealer transfers, including by sale or lease, a motor vehicle, trailer, or semitrailer to a person other than a manufacturer or dealer.
(b) The notice must be in writing using the form provided by the department and must include:
(1) the date of the transfer;
(2) the names and addresses of the transferrer and transferee; and
(3) a description of the vehicle.
Terms Used In Texas Transportation Code 503.005
- in writing: includes any representation of words, letters, or figures, whether by writing, printing, or other means. See Texas Government Code 312.011
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
(c) A dealer who submits information to the database under § 503.0631 satisfies the requirement for the dealer to notify the department of the sale or transfer of a motor vehicle, trailer, or semitrailer under this section.
(d) The notice required under this section is in addition to the application for vehicle registration and certificate of title a dealer is required to submit under § 501.0234.