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  • Declaration Of Vehicle Purchase Price - Oklahoma Tax Commission - Tax Ok

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Form 722-1 Revised 9-2011 MVC Declaration of Vehicle Purchase Price Oklahoma Tax Commission - Motor Vehicle Division I, the undersigned affiant, certify that I am the assigned owner of the following.

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How Do I Write an Oklahoma Bill of Sale? Their name (printed) The date of the bill of sale. Certain information about the item being sold. The amount the item was sold for. The signatures of the involved parties. In some instances, the bill of sale may also need to be notarized.

Oklahomans pay an excise tax when a vehicle is purchased, which is at a rate of 3.25%, but the basis for this tax is the total delivered price of the vehicle. (For used vehicles, the total delivered price is reduced by 35% for each year of the vehicle's age.)

Taxpayers pay an excise tax of 3.25 percent of the price when they buy a new vehicle and a lower tax rate on used vehicles (depending on the sales price). There is also an annual registration fee of $26 to $96 depending on the age of the vehicle.

Oklahoma requires that the seller(s) signature be notarized. The buyer does not have to sign in front of a notary. To transfer the title, the title will have to be notarized.

The record owner(s) or lienholder must sign the 701-7 form and their signature(s) notarized by a Notary Public.

While drafting a bill of sale is good standard practice for the purchase of many big-ticket items, they are required for the purchase of boats or motor vehicles in the state of Oklahoma. You can use the form the state of Oklahoma provides (Form 722-1) or you can draft your own.

Vehicle ownership transfer fee: $17. Certificate of ownership: $4. Notice of transfer filing fee: $10. Lien processing fee: $10 (if the lien holder is out of state: $13)

Does a bill of sale have to be notarized in Oklahoma? Yes. Oklahoma has a form called a Declaration of Purchase Price, which is equivalent to a bill of sale and is legally required for all private party transactions. This form needs to be signed in front of a notary public.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232