TxDMV VTR-125 - Motor Vehicle Appraisal for Tax Collector Hearing / Bonded Title

Form VTR-125 is a Motor Vehicle Appraisal for Tax Collector Hearing / Bonded Title issued by the Texas Department of Motor Vehicles (TxDMV).

This form is used when a vehicle's ownership needs to be transferred, but the required documentation is missing or incomplete. The purpose of this form is to provide an appraisal of the motor vehicle's value, which is necessary for obtaining a bonded title or proceeding with a tax collector hearing. Bonded titles are issued when the vehicle's ownership cannot be proven, and a bond is posted as security against potential claims to the vehicle. The form must be completed by a licensed vehicle appraiser, providing a detailed assessment of the vehicle's condition and fair market value. The Motor Vehicle Appraisal for Tax Collector Hearing / Bonded Title is essential for the vehicle owner to establish the vehicle's value in cases where traditional ownership documentation is not available. This form is an important step in obtaining a bonded title and completing the transfer of ownership process.