Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale
What is this form?
The Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that serves to transfer ownership of a vehicle from one party to another. This form is unique as it confirms that the automobile is sold "as-is," meaning the buyer accepts it in its current condition without any warranties. It also includes an Odometer Disclosure Statement, which is required by federal law to state the vehicleâs mileage at the time of transfer.
Main sections of this form
- Identification of the parties involved: seller(s) and buyer(s).
- Details of the automobile being sold: make, model, year, VIN, and body type.
- Purchase price indicated in both words and numerals.
- Guarantee from the seller that the automobile is free from claims or offsets.
- Statement that the vehicle is sold "as-is," with no warranties.
- Odometer Disclosure Statement to verify the mileage upon sale.
When to use this document
This form should be used during an automobile sale when the seller wishes to communicate that they are selling the vehicle in its current condition with no guarantees or warranties. It is essential for informal transactions, private sales, or sales between individuals where legal protections are required by both parties regarding the vehicle's condition and mileage.
Who needs this form
- Individuals selling their personal vehicle without warranty concerns.
- Buyers purchasing a used vehicle "as-is".
- Individuals needing to document the transfer of ownership for legal or record-keeping purposes.
- Anyone involved in a private sale of an automobile.
How to complete this form
- Identify the seller(s) and buyer(s) by entering their names and addresses.
- Specify the vehicle details, including make, model, year, and VIN.
- Enter the agreed-upon purchase price in both words and numerals.
- Both seller(s) should sign the document to confirm ownership transfer.
- Complete the Odometer Disclosure Statement, ensuring accurate mileage reporting.
Notarization guidance
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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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.
Common mistakes to avoid
- Failing to include all required vehicle details, such as VIN and year.
- Not having both parties sign the document for validation.
- Ignoring the need for an accurate Odometer Disclosure Statement.
- Not reflecting the sale as "as-is" clearly in the document.
Benefits of completing this form online
- Convenient download option that saves time and effort.
- Editability allows users to customize the form to fit their specific transaction needs.
- Reliability due to templates drafted by licensed attorneys.
- Accessibility from home, eliminating the need for legal appointments or appointments.
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FAQ
21. As of October 21, the Oregon Driver and Motor Vehicle Services Division (DMV) will not accept a dismantler's bill of sale in lieu of a title when obtaining an Oregon title.
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.
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.
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.
There is no legal requirement to notarize an Oregon bill of sale.
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.
Seller's and buyer's names and addresses. Date of sale. Title number. Plate number. Year. Make. VIN. Sale price.
The bill of sale is not a form of title, but you could use it to obtain the vehicle's title from the DMV. It's also important to note that the legality of your bill of sale depends on whether it bears or the necessary information or not.Full legal names and addresses, as well as signatures of the buyer and seller.
