This Bill of Sale of Automobile contains the following information: the make/model of the car, VIN number and other information. Seller guarantees that the property is his/her own and is free of all claims and offsets of any kind. The form also contains the Odometer Disclosure Statement required by Federal Law and State Law, where applicable, which must be signed in the presence of a notary public.
Oklahoma City Oklahoma Bill of Sale of Automobile and Odometer Statement
Category:
State:
Oklahoma
City:
Oklahoma City
Control #:
OK-00431
Format:
Word;
Rich Text
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How to fill out Oklahoma Bill Of Sale Of Automobile And Odometer Statement?
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FAQ
An Oklahoma bill of sale records a transaction for property between 2 parties (buyer and seller). It must include the parties' details, cash or trade, a description of the property sold, and the date of sale. Afterward, the buyer can use the bill of sale to register the property with the state (if needed).
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 vehicle's seller can fill out this information on the vehicle title or use a separate Odometer Disclosure Statement (Form 729). Proof of a valid Oklahoma vehicle insurance policy. Proof of a passed vehicle inspection (if you purchased the vehicle in a different state) Lien release information (if applicable)
An Oklahoma bill of sale records a transaction for property between 2 parties (buyer and seller). It must include the parties' details, cash or trade, a description of the property sold, and the date of sale. Afterward, the buyer can use the bill of sale to register the property with the state (if needed).
Is a bill of sale required in Oklahoma? Oklahoma does not require a bill of sale to transfer ownership of a car. But a document that expresses the purchase agreement, whether that's a bill of sale or a Declaration of Vehicle Purchase Price, is required as part of transferring the title.
Transferring A Car Without A Title 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.
Can a bill of sale be handwritten? While it is common to present a bill of sale in a digital format, you can also create this type of contractual agreement as a handwritten document on paper. What's most important is to include all of the pertinent details in the bill of sale in order to protect both parties.
If You're the Seller Vehicle sellers need to give the buyer the title and have someone witness the transaction. If the title is lost, you can get a duplicate title from the Oklahoma Tax Commission. Both seller and buyer must sign the title. You need to also provide a copy of the car's registration to the buyer.
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)