Oklahoma Motor Vehicle Bill Of Sale Form PDF

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Oklahoma Motor Vehicle Bill Of Sale

An Oklahoma motor vehicle bill of sale is a receipt for a vehicle purchased from an unlicensed vendor that is executed by the buyer and seller.

The buyer will be required to present the completed form when they apply for title and registration.

The document must include the purchase price, date of sale, and vehicle make, model, year, and VIN.

The contact information of the buyer and seller should be included as well.

Once the form has been completed and both parties have signed, it acts as proof that the vehicle was sold, the full payment was made, and the vehicle’s ownership was released by the seller to the buyer.

Furthermore, the buyer will be required to submit a copy of the document when they apply for registration.

Registering a Vehicle

Until recently, Oklahoma law allowed a license plate to “follow” a vehicle in a transaction.

For all sales taking place after June 2019, that is no longer true.

The new owner of a motor vehicle must make an application to title and register the vehicle by the transfer to, or purchase of, a license plate for the newly acquired vehicle with the Tax Commission within thirty (30) calendar days from the date of vehicle purchase or acquisition.

Registration is good for one year. Registration may be renewed online using the state’s OkCars service.

Where to Register

Registration may be done at an office of the Oklahoma Tax Commission, or at any of the various Tag Agents located throughout the state.

Required Documents

A Bill of Sale drafted by agreement between the buyer and the seller, or a notarized Declaration of Vehicle Purchase Price

If seeking an original Oklahoma title

The manufacturer’s certificate of origin, if a new vehicle purchased in the state, or the out-of-state title if a used vehicle purchased from another state;

If the vehicle has been purchased from another state, it will need proof of inspection from an Oklahoma Tag Agent

A completed Application for Oklahoma Certificate of Title for a Vehicle (Form 701-6)

If seeking a transfer of Oklahoma title, such as with a used vehicle purchased in the state, the current title that has been transferred to you.

For an example of a transfer of title statement, click here

Odometer Disclosure Statement. Note that this may not be necessary if the vehicle being sold is at least 10 years old

A valid driver’s license

Lien documentation, if the vehicle is subject to a lien, such as one being purchased with financing or one that was previously purchased with financing

The Lien Section of the Motor Vehicle Division can enter, release and verify a lien on a vehicle

If a lien is not released, it will follow the vehicle, and be reflected in the buyer’s new title

If the lien holder is releasing the lien, two signed copies of a Release of Lien form are needed: one to be sent to the state Tax Commission, the other to be given to the debtor

For more information about motor vehicle liens, see Form FL-21

Verification of liability insurance. For a list of what is included, to check the verification status online, go here

Excise and sales taxes and applicable title and registration fees in addition to any delinquent taxes, fees, interest and penalty associated with the plate.

The state has a sales and tax estimator available here.

If an agent is purchasing the vehicle on the new owner’s behalf, then a Motor Vehicle Power of Attorney is needed

Registration Fees and Title Fees

Author
Language English
No. of Pages3
PDF Size1 MB
CategoryForm
Source/Creditseforms.com

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Oklahoma Motor Vehicle Bill Of Sale Template PDF Free Download

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