Oregon Bill of Sale of Automobile and Odometer Statement
About this form
The Bill of Sale of Automobile is a legal document used to transfer ownership of a motor vehicle from one party to another. This form not only includes details about the car, such as its make, model, and VIN, but also contains an Odometer Disclosure Statement required by federal and specific state laws. This is essential for ensuring that the sale is transparent and legally recognized, distinguishing it from general sales agreements that may not pertain specifically to automobiles.
What’s included in this form
- Seller and buyer information, including names and addresses.
- Details of the vehicle: make, model, year, body type, and VIN.
- Purchase price and payment details.
- Sellerâs guarantee of ownership and that the vehicle is free from claims or liens.
- Odometer Disclosure Statement, including current mileage and any discrepancies.
- Signature lines for both parties and a notary public acknowledgment.
When this form is needed
This form should be used whenever an automobile is sold or transferred from one individual to another. It is especially important in private sales where official documentation is needed to confirm the transaction. You may need this form when selling your vehicle to ensure that all necessary disclosures, particularly regarding the odometer reading, are legally documented.
Who should use this form
- Individuals selling or buying a used automobile.
- Dealers and private sellers who need to formalize a transfer of ownership.
- Anyone required to disclose odometer readings by law during a vehicle sale.
- Legally registered individuals who own the vehicle outright or with a lienholder.
How to prepare this document
- Identify the parties involved by entering the seller's and buyer's names and addresses.
- Specify the vehicle details including make, model, year, body type, and VIN.
- Enter the purchase price and payment information for the transaction.
- Both the seller and buyer must sign the document to confirm the sale.
- Have the form notarized to ensure its legality and compliance with state requirements.
- Complete the Odometer Disclosure Statement and provide the current odometer reading.
Notarization requirements for this form
Yes, this form must be notarized to be legally valid. Having a notary public witness the signing of the document ensures that the identities of the parties are verified and that the transaction is recognized legally. US Legal Forms provides integrated online notarization services that are secure and available 24/7, allowing you to complete this requirement without needing to 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 fill in all vehicle details accurately, especially the VIN.
- Not completing the Odometer Disclosure Statement properly.
- Forgetting to have the document notarized when required.
- Not including the purchase price, which can lead to disputes.
Benefits of using this form online
- Convenient access to a legally compliant format that you can complete and print.
- Editable sections allow you to personalize the document for your specific needs.
- Reliable and up-to-date information reflecting current legal requirements.
- The Bill of Sale of Automobile is essential for documenting the sale of a vehicle securely.
- It includes critical vehicle information and protects both parties involved in the transaction.
- Proper notarization is required to validate the form's authenticity.
- Completing the Odometer Disclosure Statement is vital to comply with federal and state laws.
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FAQ
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.
Seller's and buyer's names and addresses. Date of sale. Title number. Plate number. Year. Make. VIN. Sale price.
Every Oregon bill of sale needs to list the date it was created. You need the legal name and physical address of both the buyer and the seller. A description of the item. Whether the terms of sale include the item given as a gift, a trade, or if it is being sold for money.
When writing a bill of sale, be sure to include: The seller's name and address. The buyer's name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults source: Cooper.
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.
Can a bill of sale be handwritten? If your state does not provide a bill of sale form, yes, you can handwrite one yourself. As long as the document includes all of the necessary parts of a bill of sale and is signed by both parties and a notary, it is valid. Some states require a bill of sale while others don't.
Information in a bill of sale for a motor vehicle includes a description of the vehicle, the VIN, and the odometer. It will also include the price as well as the names of the buyer and the seller. It should also be signed and dated by both. It may need to be notarized depending on the state.
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.
