In Texas, securing the rights of survivorship for boat and outboard motor ownership requires submitting the PWD 790 form. This essential document, an "Ownership Agreement for a Boat and/or Outboard Motor," aids in simplifying the transition of ownership in the event of an owner's death, ensuring that the asset rightfully and seamlessly transitions to the surviving owner. To be effective, the form has to be filed alongside an application for vessel/boat (PWD 143) or outboard motor (PWD 144), in addition to any necessary support documentation and applicable fees for the transaction. It mandates the signatures of all co-owners, who agree that, should one pass away, the ownership will automatically transfer to the surviving owner(s). This arrangement ceases only if the right of survivorship is intentionally revoked or upon the death of one of the owners. Details such as the boat's identification number, make, and year built, along with similar information for the motor, if applicable, are required on the form. Furthermore, the document carries a strict warning against falsification of information, noting that such acts are felonies under Texas Penal Code, Chapter 37, Section 37.10, punishable by significant fines and jail time. Completing this form accurately and truthfully is not only a legal obligation but also a critical step in protecting one's investment and ensuring clarity in ownership succession.
| Question | Answer |
|---|---|
| Form Name | Texas Form Pwd 790 |
| Form Length | 1 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 15 sec |
| Other names | Designating, 790, false, Subscribed |
RIGHTS OF SURVIVORSHIP
Ownership Agreement for a Boat and/or Outboard Motor (PWD 790)
This form must be submitted with application(s) (Vessel/Boat
We, the persons whose signatures appear below, hereby agree that the ownership of the following described boat and/or outboard motor shall be held jointly. In the event of the death of either person, the ownership of the boat and/or outboard motor shall belong to the survivor. This authorization creates a joint ownership which shall be effective as of the date this form is presented and processed by either Texas Parks Wildlife Department or a participating county office. Any future transaction, such as a sale or transfer of the item, must bear the signatures of both owners until the Right of Survivorship is requested to be revoked or death of either party occurs.
|
Boat Information: |
|
|
HIN or Serial #: |
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TX#: TX - |
|
|
- |
|
|
|
Year Built: |
|
|
|
Make: |
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||
|
Motor Information: |
MIN or Serial #: |
|
|
|
|
|
|
HP: |
|
|
|
|||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
TX#: M – |
|
- |
|
|
|
Year Built: |
|
|
|
Make: |
|
|
|
||||||
(if known) |
|
|
|
|
|
|
|
|
|
|
|
||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WARNING: Falsifying information on documents is a punishable offense. Texas Penal code, Chapter 37, Section 37.10. Any person who knowingly makes a false entry in, or false alteration of a governmental record is guilty of a felony of the third degree punishable by confinement in jail for any term of not more than 10 years or less than 2 years and punished by a fine not to exceed $10,000.
I HEREBY CERTIFY THAT ALL STATEMENTS IN THIS DOCUMENT ARE TRUE AND CORRECT TO THE BEST OF MY KNOWLEDGE AND BELIEF.
Primary Owner Must Select One of the Following:
Primary Owner is Married, Designating
Primary Owner’s
Signature:
Name:
Address:
City, St, Zip:
Subscribed and sworn before me this _____ day of _________, 20____
Signature of
Notary: ______________________________________
Name of Notary: ______________________________,
__________________________ County, State of Texas.
Notary Stamp/Seal:
Signature:
Name:
Address:
City, St, Zip:
Subscribed and sworn before me this _____ day of _________, 20____
Signature of
Notary: ______________________________________
Name of Notary: ______________________________,
__________________________ County, State of Texas
Notary Stamp/Seal:
Texas Parks and Wildlife Department maintains the information collected through this form. With few exceptions, you are entitled to be informed about the information we collect. Under Sections 552.021 and 552.023 of the Texas Government Code, you are also entitled to receive and review the information. Under Section 559.004, you are also entitled to have this information corrected.
PWD 790 – A0900 (9/03)