Bill Of Sale Template Oregon With Promissory Note

State:
Oregon
Control #:
OR-00431B
Format:
Word; 
Rich Text
Instant download

Description

The Bill of Sale Template Oregon with Promissory Note is a crucial legal document used for the sale of motor vehicles in the state of Oregon. It outlines the transaction details between the buyer and seller, including the vehicle's make, model, and Vehicle Identification Number (VIN). This template includes sections for both parties' signatures and requires notarization to validate the agreement. Additionally, it includes an odometer disclosure statement mandated by federal law, ensuring accurate reporting of the vehicle's mileage at the time of sale. Users should fill in the specified fields with accurate information and ensure all parties understand the 'as-is' condition of the vehicle. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this template beneficial in facilitating smooth transactions while ensuring compliance with legal requirements. This form is particularly useful for those involved in vehicle sales, providing a structured format that protects both parties in the transaction.
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  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale
  • Preview Bill of Sale of Automobile and Odometer Statement for As-Is Sale

How to fill out Oregon Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?

When you need to submit a Bill Of Sale Template for Oregon along with a Promissory Note that adheres to your local state's laws, there can be several alternatives to select from.

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FAQ

Although not legally required in Oregon, a Bill of Sale can be helpful if problems arise when the buyer goes to transfer the title or register the vehicle in their name. Many private owners notarize their Bill of Sale as a best practice.

How Do I Write an Oregon Bill of Sale?Their full legal name (printed)The date the bill of sale is created.Certain information about the item being sold, including a disclosure about whether the item is being sold as-is.The amount of money the item was sold for.The signatures of the involved parties.

Oregon has no legal requirement to have the bill of sale notarized. The bill of sale can be written in plain English. There's no need to use legal jargon or archaic terms.

An Oregon Bill of Sale is a handwritten or typed document created to prove the sale and purchase, and transfer of ownership of various personal items, including boats, vehicles, and firearms.

An Oregon motor vehicle bill of sale must include:Seller's and buyer's names and addresses.Date of sale.Title number.Plate number.Year.Make.VIN.Sale price.

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Bill Of Sale Template Oregon With Promissory Note