A bill of sale is a document that is used when two parties of the sale (Buyer and seller) want to legally document the same sale transaction so as to avoid disputes later on. Similarly, for all sales of motor vehicles within the state of Oregon, the Oregon Vehicle Bill of Sale form is used to record the transfer of ownership of the vehicle from seller to buyer. The form should be completed and submitted to the DMV office (Department of Motor Vehicles).
Instructions on Filling the Bill of Sale:
- Enter by providing details of the vehicle being sold. Begin with the Oregon license plate number, the year of manufacture, make/manufacturer and VIN (vehicle identification number).
- Then, enter the full legal name (last, first, middle) of the buyer of the vehicle, his/her full detailed address and the date of purchase of the vehicle.
- Similarly, enter the full legal name of the seller (name of business if seller is a business), signature of the seller and the date of release of the vehicle. If there are multiple sellers, enter their names and signatures as well.
Notice to seller: Seller must provide notification of the sale to the DMV within 10 days of the sale.
Notice to buyer: Buyer must apply for title within 30 days of date of purchase or will be subject to a late title transfer fee.