What is an Oregon Bill of Sale?
When purchasing or selling a vehicle, you will want to document the transaction for your records – this is conveniently accomplished by completing a bill of sale. An OR motor vehicle bill of sale will prove that the transfer of ownership occurred and offer some legal protection for both the buyer and the seller. It is important to remember that you cannot replace the Certificate of Title with a bill of sale, as it is only a supplemental document. Depending on the state, a DMV bill of sale may be generic and optional, or required and very specific. Often it at least includes the contact information for the buyer and seller as well as some general features of the car.Is a Motor Vehicle Bill of Sale Necessary in Oregon?
Oregon does not require that a motor vehicle bill of sale be completed as part of the title transfer process. Although an OR bill of sale is not mandatory, there is still plenty of paperwork that must be completed to effectively complete the deal. Additionally, Oregon law requires that the DMV is notified within ten days of any vehicle sale.
Though unrequired, it is still recommended that either the seller or buyer provides an OR bill of sale in order to document the details surrounding the transaction. You’ll want to include: contact information, make, model, year, series number, Vehicle Identification Number (VIN), an accurate odometer reading, and make sure that both the seller and the buyer sign the DMV bill of sale. Obtaining this legal form is relatively simple, as it can be easily found online – and it may come in handy if you must prove vehicle ownership, and don’t have quick access to the Title.