What is the Statement of Fact Texas form?
The Statement of Fact Texas form is a legal document used to provide specific information about a vehicle transaction. It includes details such as the vehicle's year, make, VIN number, date of sale, and the buyer's information. This form is essential for ensuring that accurate records are maintained regarding the ownership and transfer of vehicles in Texas.
Who needs to complete the Statement of Fact Texas form?
This form must be completed by individuals or entities involved in the sale or transfer of a vehicle. Sellers, buyers, or agents acting on behalf of the seller or buyer may need to fill out this form. Accurate completion is crucial to prevent any disputes regarding vehicle ownership in the future.
What information is required on the form?
The form requires specific details about the vehicle, including its year, make, and vehicle identification number (VIN). You must also provide the date of sale and the buyer's name and address. Additional information may be required based on the reason for submitting the Statement of Fact.
What happens if incorrect information is provided?
Providing false or incorrect information on the Statement of Fact Texas form can have serious consequences. According to Texas Transportation Code 501.155, submitting false information can be classified as a felony. This includes knowingly signing someone else's name without authorization. It’s important to ensure that all details are accurate to avoid any legal complications.
Is there a fee for submitting this form?
There is typically no direct fee associated with completing the Statement of Fact Texas form itself. However, there may be fees for processing related transactions, such as vehicle registration or titling. It's a good idea to check with your local tax office for any applicable fees when submitting this form.
How can I submit the Statement of Fact Texas form?
You can submit the Statement of Fact Texas form to your local county tax office. This can often be done in person or by mailing the completed form. Be sure to retain a copy for your records. If you are submitting the form as an agent for a company, include the name of the company on the form.