TxDMV VTR-63 - Component Part Bill of Sale

Form VTR-63 is a Component Part Bill of Sale issued by the Texas Department of Motor Vehicles (TxDMV). This form is used for the sale and transfer of vehicle component parts between individuals or entities. The purpose of this form is to document the transaction and provide proof of ownership transfer for the component parts. The parties involved in this form are the seller and the buyer of the component parts, and the TxDMV does not process the form but requires it to be retained by the involved parties.

The form consists of sections where the seller and buyer provide essential information about themselves, the component parts being sold, and the transaction details, including the sale price. The form also includes a section for both parties to sign, acknowledging the sale and transfer of ownership. Once the form is completed and signed, it serves as a legally binding record of the transaction. This form is significant for ensuring a transparent and accountable process for the sale and transfer of vehicle component parts.