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Recent boat purchase
#12426972
09/14/17 11:45 PM
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Joined: Jan 2015
Posts: 119
jbaker33
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jan 2015
Posts: 119 |
Anyone know the process for title transfer of a boat from owner to new owner? I got on tpwd website and im confused as could be. Any help would be greatly appreciated!
Jordan
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Re: Recent boat purchase
[Re: jbaker33]
#12427145
09/15/17 02:12 AM
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Joined: Jan 2004
Posts: 2,439
rb7764
Extreme Angler
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Extreme Angler
Joined: Jan 2004
Posts: 2,439 |
The best way to do it is for the current owner and the buyer to go to the TPWD office TOGETHER for the boat and motor and then on to the local tax office for the trailer. The current owner will need to bring the titles to the boat and motor. Most boat trailers in Texas are not titled (depends on weight).
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Re: Recent boat purchase
[Re: jbaker33]
#12427252
09/15/17 03:19 AM
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Joined: Jul 2014
Posts: 4,340
Bobby Milam
TFF Team Angler
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TFF Team Angler
Joined: Jul 2014
Posts: 4,340 |
It's pretty simple. If the original owner isn't available to go with you then have them fill out the title to the boat and motor. You'll also want to have them give you a bill of sale. In that BOS, separate the dollar amount for the boat, motor and trailer. You pay $2500 for the boat then break it down how ever you want, $1200 boat, $1050 motor, $250 trailer. Get his registration paperwork for the trailer also. Make sure that the seller is the titled person for the boat and motor. Don't let them try to tell you that you don't need titles for motors either. TPWD will ask for it. Call your local office and they'll tell you exactly what you need to do and what forms they require.
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Re: Recent boat purchase
[Re: jbaker33]
#12427412
09/15/17 12:34 PM
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Joined: Jan 2015
Posts: 119
jbaker33
OP
Outdoorsman
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OP
Outdoorsman
Joined: Jan 2015
Posts: 119 |
Is there a tax payment from ijndividual to individual that is required when you go to the tax office?
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Re: Recent boat purchase
[Re: jbaker33]
#12427959
09/15/17 10:04 PM
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Joined: Apr 2015
Posts: 1,818
Curtbass
Extreme Angler
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Extreme Angler
Joined: Apr 2015
Posts: 1,818 |
No. TPWD collects sales tax on Boat & Motor. You pay 6.25% sales tax on boat & motor,& the title transfer fee at TPWD . On trailer Youll pay 6.25%sales tax & registration fee to the tax district that issues the trailer tags. Thats why you want the breakdown of price for Boat/Motor & Trailer seperate. License Tag office only collects sales tax on trailer. TPWD collects sales tax on boat/motor. TPWD FORMS = Vessel/Boat Application (PWD143) Outboard Motor Application (PWD 144) TPWD clerks are very helpful. Some vehicle tag office clerks are & some not so much.
ELITE POWER SYSTEMS/ Elite Fishing Products Lithium Battery & Charging Systems, Soft Plastics, Tackle,Tokyo Rigs Tight lines & stay safe out there.Gods blessings
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