Oklahoma DMV Bill of Sale

The Oklahoma DMV bill of sale is used as a legal document. Many states used the bill of sale as a sales slip for any trading purposes. Here we have explained why the DMV bill of sale is used? How to use it? When to use it? Moreover, we have provided the steps to fill the DMV bill of sale form correctly because every state has its format of filing the bill of sale form and many states require notarization. Allow us to explain the bill of sale in a detailed manner.  

Bill of Sale For Oklahoma

Oklahome Drivers License

When you are buying a used vehicle you don’t have any solid proof. The Oklahoma DMV bill of sale into action. In many states, it is considered a legal document and it is used as a sales slip. This document provides you with the necessary information about the buyer, the seller, and the vehicle. You have to attach the Oklahoma bill of sale in the Title application. The DMV bill of sale requires Notarization in Oklahoma.  

How To Write A Bill of Sale

Step 1 –  Seller and Buyer Details

  • Enter Seller’s Name
  • Seller’s Driver’s License Number
  • Seller’s Physical Address
  • City
  • State
  • Zip Code
  • Enter Buyer’s Name
  • Buyer’s Driver’s License Number
  • Buyer’s Physical Address
  • City
  • State
  • Zip Code

Step 2 – Write information about Vehicle in Oklahoma DMV bill of sale

  • Make
  • Type
  • Model
  • Year
  • Vehicle Identification Number (VIN)
  • Color
  • Odometer Disclosure Statement

Step 3 – Purchase Price – Check the boxes that apply

  • Check the Box if the seller agrees to the monetary payment. Write the amount in words.
  • Write the amount in numbers. 
  • Provide the date of payment for which both the entities have agreed in mm/dd/yyyy format.
  • Write the date in which the document is signed in mm/dd/yyyy format.
  • Check the box and write the date if both the parties have agreed for late payment in mm/dd/yyyy format.  
  • Check the box if the vehicle is given as a gift to the (Buyer).
  • Now, check the last box if the trade is even for both parties. You should provide a detailed trade agreement.

Step 4 – Seller’s Disclosure Statement – The seller must disclose the defect related to the vehicle in the given space. 

  • After entering the defect in the vehicle the seller must provide his signature 

Step 5 – Signatures – The signature should be done in the presence of a notary public.

  • Seller’s Signature
  • Seller’s Printed Name
  • Buyer’s Signature
  • Buyer’s  Printed Name
  • The Witness –
  • Signature
  • Printed Name

Step 6 – Notarization – Once all the entities have provided their signatures. The notary public will verify the trade and then they will complete the trade by affixing a state seal on the Oklahoma DMV bill of sale.  

  • Make copies of the DMV bill of sale. The buyer keeps the original and the copies will be provided to the seller and witnesses for record-keeping purposes. 

How To Use The Bill Of Sale At Oklahoma DMV?

When you are trading a vehicle or any personal property then you can use the Oklahoma DMV bill of sale as a sales slip. It is considered a legal document that provides accurate information about the buyer, seller, and vehicle. It is also used in the application of changing ownership. The bill of sale gives you strong security against any mishappening in the future.

New Vehicle Registration In Oklahoma 

If you are willing to buy a vehicle then you must be a resident to buy and register the vehicle. If you are buying a vehicle from a licensed dealer then usually the dealer submits all the necessary documents along with the Oklahoma DMV bill of sale in the local DMV office. Until you receive the title and license you will get temporary tags. For a few days, you can use the temporary tag to use the vehicle on the roads.  

Renewal of Vehicle Registration In Oklahoma

Oklahoma License Plate

You might be familiar with the renewal process every title has its expiry date. If you do not then check your title and you will see the expiry date on the backside of the title. Here you will receive a reminder mail in your mailing address by your local DMV. You have to renew the title within 30 days of expiry or else you will have to pay late renewal charges. You can perform this on the official website of your Oklahoma DMV department. 

Necessary Documentation For Oklahoma DMV

  • Oklahoma DMV bill of sale 
  • Application of Title for a vehicle (Form 701-6)
  • Driver’s License 
  • Title of the vehicle
  • Current Insurance Details 
  • Vehicle Identification Number (VIN)
  • A lien release certificate (If applicable)
  • Odometer Disclosure statement if the vehicle is not older than 10 years. 

Frequently Asked Questions

1. Is a bill of sale required in Oklahoma?

No, the Oklahoma DMV bill of sale is not a necessary document but if both the entity agree to write the bill of sale then it will be solid proof for both the parties. If you want to register the vehicle the bill of sale is not a necessary document in Oklahoma state.

2. Does an Oklahoma DMV bill of sale require a notary?

No, the Oklahoma DMV bill of sale does not require notarization to validate the document. You can register the vehicle without notarization.

3. How much is a title transfer in Oklahoma?

If you want to register the vehicle then you must be ready to pay the fees around $17 for transfer fees and the buyer might have to pay other charges like sales tax and license plate fees.

Wrap Up

This leads us to the end. We hope that this article was helpful to you. Here we have discussed the Oklahoma DMV bill of sale, Why it is important, Where we should use it when to use it, and steps to fill the form. If you still have any doubts then do leave us your question in the comments we will revert you as soon as possible. You will also get the information related to the New Hampshire DMV Bill of Sale.