Is a Vehicle Bill of Sale Required in Oklahoma?
Regardless of whether you bought a car or received it as a gift, you will need a document to prove the ownership. Oklahoma bill of sale is suitable for any purchase.
This form, written in plain English without legal jargon, documents the change in legal ownership of a vehicle. The paper includes data on the parties to the transaction, conditions, and a vehicle description. Keeping this document for life is helpful, as it can serve as proof of rights to the car and be used in resolving legal disputes.
If you buy a car from a trusted authorized dealer, their representatives usually handle all legal formalities on their own. When buying from a private person, you need to be more knowledgeable. You may need to write this document yourself. In any case, always check the vehicle bill of sale carefully before signing. Any errors can cast doubt on the authenticity of the document.
The required parts of this form are:
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Buyer’s and seller’s details — legal names, addresses, telephone numbers
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Exchange details — cash payment/trade-in/gift and the amount
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Vehicle details — make, model, type, color, year, odometer, VIN
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Signatures
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Notary acknowledgment (highly recommended)
An appropriately crafted car bill of sale includes a statement that the seller is transferring ownership and releasing any liability associated with the vehicle. This helps protect the seller from potential liabilities arising after the sale.