Bill of Sale Document for Oregon State Open Editor Now

Bill of Sale Document for Oregon State

The Oregon Bill of Sale form is a legal document that records the transfer of ownership of personal property from one party to another. This form serves as proof of the transaction, detailing essential information about the buyer, seller, and the item being sold. Understanding its importance can help ensure a smooth transfer and protect both parties involved.

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In the realm of personal property transactions, the Oregon Bill of Sale form serves as a crucial document that facilitates the transfer of ownership between parties. This form is particularly significant for individuals engaging in the sale of vehicles, boats, or other valuable items, as it provides a clear record of the transaction. Essential elements of the form include the names and addresses of both the seller and buyer, a detailed description of the item being sold, and the sale price. Additionally, the form often includes the date of the transaction and any warranties or guarantees provided by the seller. By capturing these vital details, the Bill of Sale not only protects the interests of both parties but also serves as a legal safeguard in the event of disputes. Understanding the importance of this document can help individuals navigate the complexities of property transfers with confidence and clarity.

Form Example

Oregon Bill of Sale Template

This Bill of Sale is created in accordance with the relevant sections of the Oregon Revised Statutes that govern the sale and transfer of personal properties. It serves as evidence of the transaction between the seller and the buyer, providing a detailed record of the sale of the described item(s).

1. Seller's Information:

Name: ___________________________

Address: ___________________________

City: ___________________________ State: Oregon Zip: _________

Phone Number: ___________________________

2. Buyer's Information:

Name: ___________________________

Address: ___________________________

City: ___________________________ State: Oregon Zip: _________

Phone Number: ___________________________

3. Description of the Item(s) Sold:

Make: ___________________________

Model: ___________________________

Year: ___________________________

VIN or Serial Number (if applicable): ___________________________

Additional Details: ___________________________

4. Sale Information:

Sale Date: ___________________________

Sale Price: $___________________________

5. Declaration:

Both parties declare that the information provided above is accurate and complete to the best of their knowledge. It is acknowledged that the item(s) sold is(are) free of any liens or encumbrances and is(are) sold in "as-is" condition, with the seller disclaiming any further warranties regarding the item(s).

6. Signatures:

Seller's Signature: ___________________________ Date: _________

Buyer's Signature: ___________________________ Date: _________

Notary Public (if applicable):

Name: ___________________________

Commission Number: ___________________________

Expiration Date: ___________________________

Signature: ___________________________ Date: _________

Instructions for Use:

  1. Fill in all blanks with the required information accurately.
  2. Both the seller and buyer should review the bill of sale to ensure all details are correct and complete.
  3. Sign and date the bill of sale in the presence of a Notary Public if required.
  4. Keep a copy of the bill of sale for both the seller and buyer's records.

This document does not constitute legal advice and may need to comply with additional state or local requirements. It is recommended to consult with a legal professional if there are any questions regarding this document or the sale it represents.

PDF Attributes

Fact Name Description
Definition The Oregon Bill of Sale is a legal document that records the transfer of ownership of personal property from one party to another.
Governing Law The Bill of Sale is governed by the Oregon Revised Statutes, specifically ORS 646.608 and related sections.
Types of Property This form can be used for various types of personal property, including vehicles, boats, and equipment.
Notarization While notarization is not mandatory for all Bill of Sale forms in Oregon, it is recommended for added legal protection.
Purchase Price The Bill of Sale must include the purchase price of the item being sold, ensuring clarity in the transaction.
Seller and Buyer Information Both the seller and buyer must provide their full names and addresses to validate the transaction.
As-Is Condition Often, the Bill of Sale includes a clause indicating that the item is sold "as-is," meaning the buyer accepts the item in its current state.
Legal Evidence This document serves as legal evidence of the transaction, which can be important in disputes or for tax purposes.
Registration Requirements For certain items like vehicles, additional registration forms may be required by the state after the Bill of Sale is completed.
Record Keeping Both parties should keep a copy of the Bill of Sale for their records, as it may be needed for future reference.
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