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Watercraft owned by an entity of the U.S.Boats not registered in Oklahoma, using OK state waters for no more than 60 calendar days over the course of 1 calendar year.Paddleboat's less than 8 ft long, propelled only by humans (with the assistance of a belt, chain, or gears).Canoes and kayaks propelled by paddles only.

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OK Boats You Must Title & RegisterĪLL boats used as a means of transportation on Oklahoma state waters with an outboard motor of more than 10 HP MUST have an OK title and registration.Įxceptions to the titling and registration rule include: If you need information about titling and registering vessels AND the requirements to operate watercraft on OK waters, you've come to the right place. Step 6 – Once in the presence of an official notary public, the buyer and seller can endorse, print and date the document under the instruction of the notary.Boat Registration and Licensing in OklahomaĪll boat registration and titles are processed through the Oklahoma Tax Commission's (OTC) Motor Vehicle Division (MVD).

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Step 5 – In the lines appearing below the buyer information, describe the item being sold in detail, including any identifying marks, serial numbers, or defects. Step 4 – Buyer Information – Fill in the next two lines with the name of the buyer followed by the buyer’s residence address. Step 3 – In the next blank space, input the purchase price of the item involved in the sale. Step 2 – Seller Information – The first two lines of the form correspond to the name of the seller and the seller’s address, you can fill them in respectively.

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Step 1 – First, download the Adobe PDF file and complete the form as follows: Once the seller and buyer have agreed to, completed and signed the form the notary would inspect, endorse and attach their official stamp to the bottom section of the paperwork. Although the bill of sale form is a straightforward agreement, in the case that there are special circumstances involved in the sale, the notary official should be able to clear up any uncertainty. In addition, if there are any questions regarding how the form should be filled, an experienced notary can walk you through the process. Confidence in Proper Completion of Forms and Endorsements.

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They also will assess if there are any signs of coercion or if they are signing under their own free will. Taking the extra step to commission a notary provides a further level of legitimacy to the implementation of the form because consideration is made to ensure the involved parties have the mental capacity to finalize. When executing the document, the notary will take into account whether the individuals engaging in the agreement understand what they are testifying to.

Assurance that Both Parties Understand and Agree to the Terms.

Valid photo identification must be presented before the documents are signed as a precaution to prevent against any fraudulent transaction or sale of stolen property. This provides additional confirmation of its authenticity as it is being confirmed in the presence of a licensed neutral party.

Protection for Both the Buyer and SellerĮndorsing a notarized bill of sale is the equivalent of swearing under oath in a court of law and attesting to the truth therein.

Keep in mind, a small fee typically between $5-15 is usually requested to manage the transaction to attribute to licensure upkeep and expense. Contracting a notary to supervise the performance of the bill of sale can usually be carried out at a local bank or credit union or by performing an online search for area notaries. Taking the extra measure to enlist a notary to oversee endorsement of the form will further enforce the agreement. Notary publics perform notarization by witnessing the signature of an agreement, contract, deed, or power of attorney and they are licensed to do so. Not all documents of this nature necessarily require notarization, although it will provide authentication to verify the document after the fact independently. Why Should I Elect to use a Notarized Bill of Sale? The signatures of the associated individuals taking part in the transaction can then endorse the document to be authenticated by an accredited notary to bind the contract legally. This form records the specific information involving the buyer, seller, item or items being transferred, notary, purchase price, and date of sale. A Notarized bill of sale form is a material agreement that has been witnessed by an official notary public to substantiate the commemoration of a transaction involving the sale of an item or items in exchange for a designated monetary amount.