Oklahoma Simple Bill of Sale for Personal Property Used in Connection with Business

State:
Multi-State
Control #:
US-00167
Format:
Word; 
Rich Text
Instant download

Description

This form is a simple model for a bill of sale for personal property used in connection with a business enterprise. Adapt to fit your circumstances.

How to fill out Simple Bill Of Sale For Personal Property Used In Connection With Business?

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FAQ

Here are the documents you must bring when registering your vehicle for the first time in Oklahoma: Proof of minimum liability insurance. A completed Application for Oklahoma Certificate of Title (Form 701-6) signed in front of a notary. A completed bill of sale (or declaration of purchase price)

An Oklahoma vehicle bill of sale is a legal document that sets forth the terms of the transfer of ownership of motor vehicles in Oklahoma and provides a written demonstration of that change. It will include information about the buyer, the seller, and the vehicle itself.

You should include:Land or real estate location.Property description.Sale date.Sale price for the land or real estate.Contact information for the buyer and seller.Terms and conditions of the sale (for example, the buyer accepts property as is)

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.

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.

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).

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.

Does a vehicle title have to be notarized in Oklahoma? Yes. A notary will need to witness the seller and buyer signing the Oklahoma certificate of title.

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Oklahoma Simple Bill of Sale for Personal Property Used in Connection with Business