Form VTR-903. Casual Sales Record - Texas
The Form VTR-903 is a record-keeping form used in Texas for casual sales of motor vehicles. This form is used to document and maintain records of vehicle sales between private individuals or non-dealers.
This form typically consists of sections where important information needs to be provided. These sections may include details about the seller, buyer, vehicle identification number (VIN), make, model, year, sales price, date of sale, and other relevant vehicle information. The form also includes sections for signatures and declarations by the buyer and seller.
When completing this form, it is important to accurately document all relevant information related to the casual vehicle sale. Both the buyer and seller should review and sign the completed form, acknowledging the details provided.
No additional documents are typically required to be attached to this form. However, it is advisable to retain any supporting documents related to the transaction, such as a bill of sale or proof of payment, for recordkeeping purposes.
An example use case for Form VTR-903 would be when an individual sells their personal vehicle to another individual without involving a dealership. By completing this form, both parties can maintain a record of the transaction and have evidence of the sale.
A related alternative form is Form VTR-130-U, which is the Application for Texas Certificate of Title. While Form VTR-903 focuses on recording the details of casual vehicle sales, Form VTR-130-U is used to apply for a certificate of title when transferring ownership of a vehicle. The main difference between the two forms is their purpose: Form VTR-903 is for record-keeping, while Form VTR-130-U is for title transfer and registration.