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

What Is Form VTR-125?

This is a legal form that was released by the Texas Department of Motor Vehicles - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form VTR-125?A: Form VTR-125 is a motor vehicle appraisal form used for Tax Collector Hearing/Bonded Title in Texas.

Q: When is Form VTR-125 used?A: Form VTR-125 is used when you need to provide a vehicle appraisal for a Tax Collector Hearing or when applying for a Bonded Title in Texas.

Q: What is a Tax Collector Hearing?A: A Tax Collector Hearing is a process where the Tax Assessor-Collector determines the value of a motor vehicle for the purpose of assessing taxes.

Q: What is a Bonded Title?A: A Bonded Title is a legal document that proves ownership of a motor vehicle when there is a lack of proper documentation, such as a lost title.

Q: What information is required on Form VTR-125?A: Form VTR-125 requires information about the vehicle, including its make, model, year, vehicle identification number (VIN), and condition.

Q: Do I need to provide an appraisal for all vehicles?A: No, you only need to provide an appraisal for vehicles that are being assessed for taxes or when applying for a Bonded Title.

Q: Can I use any appraisal form other than Form VTR-125?A: No, for Tax Collector Hearing/Bonded Title purposes, you must use Form VTR-125 as prescribed by the Texas Department of Motor Vehicles.

Q: What happens after submitting Form VTR-125?A: After submitting Form VTR-125, the Tax Assessor-Collector will review the appraisal information and make a determination for tax assessment or issue a Bonded Title.

Q: Is there a fee for submitting Form VTR-125?A: There may be fees associated with submitting Form VTR-125, such as appraisal fees or fees for the Tax Collector Hearing or Bonded Title. Contact your local Tax Assessor-Collector office for specific fee information.