Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale

State:
Oregon
City:
Gresham
Control #:
OR-00431B
Format:
Word; 
Rich Text
Instant download

Description

This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.



The Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that facilitates the transfer of ownership of a motor vehicle within the city of Gresham, Oregon. It serves as an official record of the transaction and protects both the buyer and the seller by documenting the terms and conditions of the sale. This bill of sale is specifically designed for as-is sales, which means that the vehicle is being purchased in its current condition without any warranties or guarantees from the seller. It is essential for both parties to carefully review and understand the terms outlined in the bill of sale before finalizing the transaction. The Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale includes several key elements to ensure a comprehensive and accurate documentation of the sale. These elements may include: 1. Buyer and Seller Information: The bill of sale requires the full legal names, addresses, and contact details of both the buyer and the seller. It is crucial to provide accurate information to avoid any potential legal complications in the future. 2. Vehicle Details: This section requires detailed information about the vehicle being sold, including the make, model, year of manufacture, Vehicle Identification Number (VIN), and license plate number. Accurately recording these details helps avoid any confusion about the specific vehicle involved in the sale. 3. Purchase Price: The bill of sale must clearly state the agreed-upon purchase price for the vehicle. Both parties must agree to this amount and consider any additional terms, such as down payments or installments. 4. Warranty Disclaimer: As an As-Is sale, this section explicitly states that the vehicle is being sold without any warranties or guarantees from the seller. It highlights that any maintenance or repairs required after the sale are the responsibility of the buyer. 5. Odometer Disclosure: The Gresham Oregon Bill of Sale of Automobile and Odometer Statement includes a dedicated section to disclose the vehicle's accurate mileage at the time of sale. This disclosure is crucial to prevent any fraudulent activities related to the odometer. It is worth mentioning that there might not be different types of Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale, as it typically follows a standard format. However, specific modifications can be made to address unique circumstances or additional clauses if both parties agree and consult legal professionals. When completing the Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale, it is advisable to have it witnessed and notarized to add an extra layer of legitimacy and enforceability. Both the buyer and the seller should retain a copy of the signed and notarized document for their records. In conclusion, the Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a vital legal document that protects the rights of both the buyer and the seller during the transfer of ownership of a motor vehicle. It ensures transparency and clarity regarding the terms of the sale, including the purchase price, the vehicle's condition, and the odometer reading. Following this process helps create a smooth and secure transaction experience for all parties involved.

The Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document that facilitates the transfer of ownership of a motor vehicle within the city of Gresham, Oregon. It serves as an official record of the transaction and protects both the buyer and the seller by documenting the terms and conditions of the sale. This bill of sale is specifically designed for as-is sales, which means that the vehicle is being purchased in its current condition without any warranties or guarantees from the seller. It is essential for both parties to carefully review and understand the terms outlined in the bill of sale before finalizing the transaction. The Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale includes several key elements to ensure a comprehensive and accurate documentation of the sale. These elements may include: 1. Buyer and Seller Information: The bill of sale requires the full legal names, addresses, and contact details of both the buyer and the seller. It is crucial to provide accurate information to avoid any potential legal complications in the future. 2. Vehicle Details: This section requires detailed information about the vehicle being sold, including the make, model, year of manufacture, Vehicle Identification Number (VIN), and license plate number. Accurately recording these details helps avoid any confusion about the specific vehicle involved in the sale. 3. Purchase Price: The bill of sale must clearly state the agreed-upon purchase price for the vehicle. Both parties must agree to this amount and consider any additional terms, such as down payments or installments. 4. Warranty Disclaimer: As an As-Is sale, this section explicitly states that the vehicle is being sold without any warranties or guarantees from the seller. It highlights that any maintenance or repairs required after the sale are the responsibility of the buyer. 5. Odometer Disclosure: The Gresham Oregon Bill of Sale of Automobile and Odometer Statement includes a dedicated section to disclose the vehicle's accurate mileage at the time of sale. This disclosure is crucial to prevent any fraudulent activities related to the odometer. It is worth mentioning that there might not be different types of Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale, as it typically follows a standard format. However, specific modifications can be made to address unique circumstances or additional clauses if both parties agree and consult legal professionals. When completing the Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale, it is advisable to have it witnessed and notarized to add an extra layer of legitimacy and enforceability. Both the buyer and the seller should retain a copy of the signed and notarized document for their records. In conclusion, the Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a vital legal document that protects the rights of both the buyer and the seller during the transfer of ownership of a motor vehicle. It ensures transparency and clarity regarding the terms of the sale, including the purchase price, the vehicle's condition, and the odometer reading. Following this process helps create a smooth and secure transaction experience for all parties involved.

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FAQ

Oregon Bill of Sale. You need a bill of sale to transfer ownership of a vehicle, boat, or firearm in Oregon.

Buying from an individual If you purchase a vehicle from an individual, they need to sign the Oregon title and give it to you. The buyer and the seller must also complete the bill of sale.

All states are required to provide an odometer disclosure section/space on complying titles or complying forms. The odometer disclosure should contain: The complete vehicle description (make, year model, body type, and vehicle identification number). The date of sale.

Although not legally required in Oregon, a Bill of Sale can be helpful if problems arise when the buyer goes to transfer the title or register the vehicle in their name. Many private owners notarize their Bill of Sale as a best practice.

Buying from an individual If you purchase a vehicle from an individual, they need to sign the Oregon title and give it to you. The buyer and the seller must also complete the bill of sale. Within 30 days, submit an Application for Title and Registration to officially transfer ownership.

If your vehicle is model year 2011 or newer and under 20 years old, you must have an odometer disclosure.

(1) Every certificate of title issued by the department must contain the following statement on its reverse side: ?Federal and state law require the completion of the odometer statement set out below. Failure to complete or providing false information may result in fines, imprisonment, or both.?

To title your vehicle, mail or bring to DMV: A completed Title Application.Original title or ownership document (certificate of origin if new vehicle);Original lien releases from any previous security interest holders; Original releases or bills of sale from any previous owners;

Oregon has no legal requirement to have the bill of sale notarized. The bill of sale can be written in plain English. There's no need to use legal jargon or archaic terms.

Federal law (and State law, if applicable) requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.

More info

Use this statement when you complete your federal income tax return to find out if you must pay taxes on your benefits. Which is better, buying or leasing my next car?Oregon. We bought a used jeep for a bit over 10k and worked with Bill. Shop used Hybrid Cars in Gresham, OR for sale on Carvana. Are you thinking of selling or trading in your current vehicle? Thank you for the kind review. I am sorry that the vehicle you were interested was sold. Transferring the title is necessary if selling or buying a vehicle. A bill of sale can be helpful and good to have for your own records, but it's not completely necessary.

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Gresham Oregon Bill of Sale of Automobile and Odometer Statement for As-Is Sale