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AFFIDAVIT TO ESTABLISH FINANCIAL INTEREST IN A VEHICLEPrint Reset Form(Instructions on back)Use this form when you have a financial interest in a vehicle, or change in vehicle ownership, and need.
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Odometer FAQ
To title your vehicle, mail or bring to DMV: A completed Title Application. ... Original title or ownership document (certificate of origin if new vehicle); ... Original lien releases from any previous security interest holders; Original releases or bills of sale from any previous owners;
Oregon law requires that the dealer deliver the title to you within 25 calendar days if they did not collect fees for title transfer or registration on your behalf. If the dealer did collect fees, the dealer is to submit your fees and application to DMV on your behalf within 30 calendar days.
If you do not submit the title, DMV must charge you a late title transfer fee. (The fee is $25 when the title is presented on the 31st through the 60th day after the date of purchase. The fee increases to a maximum of $50 on the 61st day after the date of purchase.)
You need the following paperwork to transfer the title of an out-of-state vehicle to Oregon: A completed application for a certificate of ownership. The original out-of-state vehicle title. A completed Oregon vehicle registration application.
A security interest holder may use a Statement of Lien Satisfaction, Form 524, to release interest in a vehicle when they cannot release directly on the title. A business must sign the business name and the signature of an authorized representative on the Form 524.
If you purchase a vehicle from an individual, they need to sign the Oregon title and give it to you. The buyer and the seller must also complete the bill of sale. Within 30 days, submit an Application for Title and Registration to officially transfer ownership.
If you do not submit the title, DMV must charge you a late title transfer fee. (The fee is $25 when the title is presented on the 31st through the 60th day after the date of purchase. The fee increases to a maximum of $50 on the 61st day after the date of purchase.)
If the buyer doesn't complete the title transfer within 10 days, there will be a fee of $25 in addition to the standard fee. If the buyer is more than 61 days late, they will have to pay an additional fee of $50.
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AFFIDAVIT TO ESTABLISH FINANCIAL INTEREST IN A ...
735-7116A (9-22). I am submitting copies (documents will not be returned) of the following...
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