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Generic Bill of Sale Form - Oklahoma
What Is an Oklahoma Generic Bill of Sale?
The Oklahoma Generic Bill of Sale is a document that proves the validity of a transaction involving the exchange of personal property for an agreed amount of money. The document should suit specific characteristics of the transaction and can be used for any item of personal property. This type of Bill of Sale provides information about the buyer, the seller and identification details about the item being sold and purchased.
Alternate Names:
- Bill of Sale;
- General Bill of Sale.
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Does a Bill of Sale have to be Notarized in Oklahoma?
The document does not require notarization in the state of Oklahoma. When it is completed, both the buyer and the seller should keep copies for their records. However, if you want to have additional protection, you can complete your Oklahoma Bill of Sale with witnesses' signatures and certification by a notary public.
Oklahoma Bill of Sale Laws
Oklahoma Bills of Sale can be used for items such as clothes, furniture, bicycle, animals, electronics, or any other property that doesn't fall under the definition of a motor vehicle, boat, or firearm.
If the property sold and purchased is a gift, specify that in the Bill of Sale. However, the form cannot be used in the event of the real estate sale and purchase. The document should contain the description of the item with the following details: its model, make, size, color, serial number, material, and any other identifiers that allow identifying the item easily. The document legally binds the seller and the buyer and protects them both in case of any possible disputes.
There are certain basic components of the document that should be included. It is the information about the buyer and the seller (names, addresses, driver's license numbers), the fact of the ownership change and the description of the item. The document should contain information about the payment as well, including the date of the financial transaction and the total amount paid for the property, given in US dollars and written both in words and in numbers. Additionally, you need to state the date of the sale, mention any warranties or special conditions to the sale and have both parties sign the agreement. When the signatures of both parties are in the documents, it is considered valid and can be used as confirmation of the private property rights.
Related Forms and Templates:
- Oklahoma Boat Bill of Sale;
- Bill of Sale for cars in Oklahoma;
- Oklahoma Bill of Sale for guns.
Download Generic Bill of Sale Form - Oklahoma
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