Our wonderful state has a new late fee policy for those who don't transfeer title within 20 working days. Copied from TXDOT website:
BOUGHT A CAR or TRUCK?
TRANSFER THE TITLE & REGISTRATION ON TIME
TO AVOID PENALTIES
Effective January 2, 2008,
penalties increase for the late transfer of title and
registration of a motor vehicle
FILING ON TIME
You have 20 work days from the date of sale to transfer
your title and registration without paying a late transfer penalty
PENALTIES
•
INDIVIDUAL TO INDIVIDUAL TRANSFERS
o
$25 late transfer penalty – If you apply for the transfer between 21 work days and 30 work days after the date of sale.
o
ADD another $25 penalty for each additional 30-day period (or part of 30-day period) when transferred on or after the 31st work day after the date of sale.
•
MILITARY PERSONNEL TRANSFERS – Have up to 61 days to transfer before a late penalty is assessed. ADD an additional $25 penalty for each additional 1 to 30 days late.
SOME EXEMPTIONS
•
NO PENALTIES – The following types of vehicles are exempt from late transfer penalties:
o
25 or more year old passenger cars, light trucks, motorcycles or travel trailers
o
New vehicles
o
Vehicles bought from a state or federal government agency
o
Off-highway motorcycles and All-Terrain Vehicles (ATV)
BOUGHT A CAR or TRUCK?
TRANSFER THE TITLE & REGISTRATION ON TIME
TO AVOID PENALTIES
Effective January 2, 2008,
penalties increase for the late transfer of title and
registration of a motor vehicle
FILING ON TIME
You have 20 work days from the date of sale to transfer
your title and registration without paying a late transfer penalty
PENALTIES
•
INDIVIDUAL TO INDIVIDUAL TRANSFERS
o
$25 late transfer penalty – If you apply for the transfer between 21 work days and 30 work days after the date of sale.
o
ADD another $25 penalty for each additional 30-day period (or part of 30-day period) when transferred on or after the 31st work day after the date of sale.
•
MILITARY PERSONNEL TRANSFERS – Have up to 61 days to transfer before a late penalty is assessed. ADD an additional $25 penalty for each additional 1 to 30 days late.
SOME EXEMPTIONS
•
NO PENALTIES – The following types of vehicles are exempt from late transfer penalties:
o
25 or more year old passenger cars, light trucks, motorcycles or travel trailers
o
New vehicles
o
Vehicles bought from a state or federal government agency
o
Off-highway motorcycles and All-Terrain Vehicles (ATV)