
TEXAS TITLE FAQS


WHAT'S THE PROCESS?
Here are some answers to TOP TITLE FAQs in TEXAS - just click!
While technically you can sell a car without a title in Texas, purchasing it is a serious risk for the buyer. The car legally belongs to the person whose name is on the title. This is regardless of where its located or who has possession and despite the fact that the owner of record is incarcerated, deceased or just plain forgot about the vehicle or where its parked. Buyers could be liable for theft because they didn't purchase the vehicle from the owner of record.
All you can legally do with a vehicle without a title is cut it into pieces, trailer it off and sell it for scrap to a recycling center. Legally, you can't part it out in Texas without a title. New owners can't title or register a vehicle without a title. Salvage companies won't buy them or pick them up because the state would fine them or shut them down if they found these vehicles on the property.
Out of state titles are fine. Titles without current registration are no problem. Junk cars without a title can't be legally parted out, registered or re-titled. This is really for your protection. Who wants a stranger to be able to sell your vehicle out of your driveway?
The title protects the owner from unauthorized sales (theft!) It also protects legitimate buyers from buying stolen vehicles or from buying vehicles with outstanding liens. If there are liens on the title from a bank or a title lending company, the borrower still owes the money even if the vehicle has been sold to someone else. Technically, the lienholder (bank, dealership, finance company) still owns the vehicle so the sale may not be valid and the buyer is out the money with nothing to show for it. If there are two owners on the title, both owners must sign for a valid, legal transfer. Check out:
http://www.ehow.com/info_8097788_can-sell-car-original-title.html