This form is a Promissory Note in connection with the sale of a vehicle where the Buyer is to pay a portion of the purchase price over time.
This form is a Promissory Note in connection with the sale of a vehicle where the Buyer is to pay a portion of the purchase price over time.
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Steps To Preparing a Notarized Bill of SaleChoose the state where the sale took place.Fill out all the information.Do not sign or date the document. Wait until you're both in the presence of a notary.Set up a time when you can both meet in front of the notary.Download and print the notarized bill of sale.
Name of the buyer. Address of the buyer. Complete vehicle description, including Vehicle Identification Number (VIN), make, model, year. Vehicle odometer reading at the time of sale.
You'll also need to submit proof of vehicle purchase or ownership, such as a notarized bill of sale or canceled check. If the vehicle is 9 years old or newer, you'll also need a completed odometer disclosure statement for each ownership assignment.
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.
Oklahoma does not require residents to use a special Bill of Sale but all sellers are legally required to report the final sale price of the vehicle to the Oklahoma Tax Commission by filling out a Declaration of Vehicle Purchase Price (Form 722-1).
If the original certificate of title is lost, stolen or badly damaged, the seller must fill out an Application for Duplicate Certificate of Title for Vehicle/Boat/Motor (Form 701-7) and all owners on the title must have their signature notarized by a Notary Public.