A bill of sale records the transfer of personal property between a buyer and seller. You can use Lumr’s customizable bill of sale template for Oregon to create a document for your transaction in minutes, completely online.
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What Is a Bill of Sale in Oregon?
A bill of sale is used to record a transaction of personal property. It normally identifies what was sold, who bought and sold it, the price, and the date of transfer.
Oregon does not use one set of bill of sale rules for every type of property. Vehicles, boats, trailers, and firearms can have additional transfer requirements.
For example, an Oregon vehicle bill of sale can serve as a release of the seller’s ownership interest. However, it does not replace the vehicle title process.
Oregon Bill of Sale Requirements
There is no single list of requirements for every type of transaction. The rules depend on the item that you’re selling. The table below outlines some of the main requirements to be aware of.
If a vehicle bill of sale is used as a release of interest, it must identify the vehicle, show the seller’s release, include the seller’s signature, and state the sale date.
A bill of sale for a car records the sale and can serve as the seller’s release of interest.
It should include:
VIN, title number, or plate number
Year and make
Buyer and seller information
Sale date
Purchase price
Seller’s release statement and signature
The buyer generally has 30 days to apply for titlethrough the Oregon DMV. A bill of sale does not replace a required title, lien release, or odometer disclosure.
The same general rules apply to an Oregon motorcycle bill of sale.
A boat bill of sale records the sale of a vessel. It can support the title and registration process.
It should generally include:
Manufacturer
Model and model year
Hull identification number (HIN)
Oregon registration number, if applicable
Buyer and seller information
Sale date
Lien information, if applicable
Seller signatures
All motorboats and sailboats 12 feet or longer generally need to be titled and registered with the Oregon State Marine Board.
For an Oregon-titled boat, the original title is normally also required. A buyer who transfers an Oregon boat title more than 30 days after the purchase can face a late-transfer fee.
A trailer bill of sale creates a record of a trailer sale and can help establish ownership.
It should normally include:
Buyer and seller information
Make and year
VIN or serial number
Trailer description
Sale date
Purchase price
Signatures
Trailers weighing 1,800 pounds or less usually do not need a title or registration in Oregon. Trailers over 1,800 pounds generally do if you will use them on public roads.
Title and registration for boats are also handled by the Oregon DMV.
Drafting your own bill of sale is simple with Lumr. The steps below explain the whole process.
1
Add the buyer and seller details
Enter your name and the buyer’s name.
2
Describe the property
Next, give details about what is being sold. Include a VIN, HIN, serial number, or other identifying details when applicable.
3
Add the sale details
State the sale date, purchase price, and any agreed payment terms.
4
State the condition
Record any warranties or promises. If the property is being sold “as is,” state this clearly.
5
Add any required details
Include information specific to the property. For example, a vehicle may need an odometer disclosure, while a boat needs vessel identification details.
6
Review and sign
Finally, both parties should sign the document and keep a completed copy for their records.
Ready to make your own? Lumr’s customizable Oregon bill of sale form allows you to quickly make the document, ready to be printed and signed.
Oregon Seller Requirements: Notify DMV of the Sale
After selling, donating, or gifting an Oregon-titled vehicle, you generally must notify the Oregon DMV within 10 days.
You can report the transfer through DMV2U. You may also remove the license plates before the sale, although this is optional.
DMV will continue to list you as the owner until the buyer completes the title transfer
FAQ
FAQs About Oregon Bills of Sale
Still have questions about using a bill of sale in Oregon? Find quick answers below.
Is a bill of sale required in Oregon?
Not for every transaction. Whether you need one depends on what you are selling.
For vehicles, a bill of sale can serve as the seller’s release of interest. You might also need documents like the title or an odometer disclosure.
Does an Oregon bill of sale need to be notarized?
No, Oregon does not require ordinary bills of sale to be notarized.
Vehicle and boat bills of sale rely on the required signatures of the buyer and seller rather than notarization. Other documents used in a specific transfer may have different rules.
Does the seller keep the license plates in Oregon?
You can remove and keep the license plates when you sell a vehicle in Oregon. However, this is not obligatory. If you keep them, you may be able to transfer the plates to another qualifying vehicle.
Can an Oregon bill of sale include an “as-is” clause?
Yes, you can include an “as-is” clause in an Oregon bill of sale. This wording shows that the buyer accepts the property in its current condition. It can also exclude certain implied warranties.
It may not override specific promises made by the seller. For example, if you promise that an item is new, has a particular feature, contains certain parts, just adding “as is” does not cancel your promise.
How long should I keep a copy of an Oregon bill of sale?
Oregon does not set one general retention period for private bills of sale.
You should keep your copy with your transaction records. If questions or disputes ever arise, it can help you prove:
1.What was sold
2.When the transfer happened
3.Who received the property
Can a bill of sale be handwritten in Oregon?
Yes. A bill of sale can generally be handwritten if it includes the information needed for the transaction.
However, if you handwrite it’s easy to make mistakes or include unclear terms. Lumr offers a simple Oregon bill of sale template that allows you to make a comprehensive document with just a few clicks.
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