Oklahoma Bill of Sale of Automobile and Odometer Statement for As-Is Sale
Overview of this form
The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to transfer ownership of a motor vehicle from one party to another. This form ensures that the seller affirms ownership of the vehicle and that it is sold in its current conditionâwithout guarantees regarding its performance or condition. Unlike other sales agreements, this document includes an odometer disclosure statement to meet federal and state requirements, protecting both the buyer and seller during the transaction.
Main sections of this form
- Identification of buyer(s) and seller(s)
- Details of the vehicle, including make, model, year, and VIN
- Price agreed upon by both parties
- Statement of ownership and warranty disclaimer
- Odometer disclosure stating current mileage and any discrepancies
- Signatures of both the seller(s) and buyer(s)
When to use this document
This form is essential when buying or selling a used automobile, particularly in private sales where the vehicle is sold âas-is.â It is commonly used in transactions where the seller does not want to provide warranties or guarantees on the vehicle's condition. The bill of sale is also needed when registering the vehicle with state authorities or when applying for a title transfer.
Intended users of this form
- Individual sellers of motor vehicles looking to transfer ownership
- Buyers purchasing used vehicles from private sellers
- People needing formal documentation for title and registration purposes
Steps to complete this form
- Identify the parties involved by entering the names and addresses of both the buyer(s) and seller(s).
- Specify the sale price of the vehicle clearly in both words and numbers.
- Provide detailed information about the vehicle including make, model, year, and VIN.
- Clearly state that the vehicle is sold âas-isâ without warranties.
- Have both parties sign the document, ensuring all signatures are notarized where required.
Does this document require notarization?
Yes, this form must be notarized to be legally valid. Notarization serves to authenticate the signatures of both parties, helping to prevent fraud. US Legal Forms offers integrated online notarization services, providing secure video calls and legal validity without the need for travel.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to include complete vehicle details such as VIN, make, and model.
- Not accurately disclosing the odometer reading or stating any discrepancies.
- Omitting the signatures of both the seller(s) and buyer(s).
- Neglecting to notarize the document when required by state law.
Why use this form online
- Convenience of quick download and immediate access to necessary legal documents.
- Editability allows users to customize the form to their particular transaction.
- Reliability, as the forms are prepared based on current legal standards.
Summary of main points
- This Bill of Sale is essential for transferring ownership of an automobile.
- The vehicle is sold as-is, with no warranties provided by the seller.
- Accurate information and notarization are crucial for legal validity.
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FAQ
Getting the Oklahoma certificate of title. You must provide assignment of it as well as a notary to witness it. Releasing any liens that are active. Completing and obtaining an odometer disclosure statement. Submitting a bill of sale to the buyer.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
Writing the Bill of Sale On the bill of sale template, where the dollar amount is listed, write gift in the allotted space. You'll need to note the date of sale, the car's identification number, make, model and the number of miles on the odometer at the time of the transfer.
A Bill of Sale form will not be sufficient if you wish to purchase a vehicle, but the owner does not have a certificate of title. To transfer ownership of a vehicle, a negotiable certificate of title, properly assigned to the new owner(s), is required.
The following line says Signature of buyer. The buyer should sign on this line. Next to that, the buyer should print their name. Note that if two people are taking ownership of the car, both people must fit their names on the same lines. The next line says Name of seller. The seller should print their name there.
The date the bill of sale was created. The legal name of both the buyer and seller as well as who is who. The physical address of both the buyer and the seller. The terms of the sale.
Wait to sign until you are before a Notary. Front of title bottom half - sign name(s) on the line where it reads "Signature of Seller(s)." Front of the title to the right of where you signed name(s) - print name(s) on the line where it reads "Printed Name of Seller(s)."
A properly assigned and notarized Oklahoma certificate of title. Verification of liability insurance (motor vehicles only). Lien release for any active liens.
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
