The Oklahoma boat bill of sale form contributes a precise written account of the transaction involving a trade of a concluded monetary consideration in exchange for the ownership of a boat. The form entails pertinent details about the vessel changing hands and identifies the involved parties and terms of the sale. The contract additionally serves to protect the interest of the seller to safeguard against any liability the watercraft should incur after the sale.
How to Register a Boat
The state of Oklahoma requires the active registration and title of a watercraft for it to be employed on any waterway within the boundaries of its home jurisdiction. This applies to vessels propelled by a mechanical motor with more than 10-horsepower. Circumstances excluded from this condition are as follows:
- Emergency purpose lifeboats.
- Boats used for the purpose of racing with an accredited racing commission.
- Government-owned vessels.
- A vessel utilized for 60 days or fewer, that is currently registered out-of-state or out of the country.
To fulfill the obligation to title and register a vessel, attend your closest regional Oklahoma MVD agency with the following required documentation in hand:
- A fully filled-out Oklahoma Application for Certificate of Title For a Boat Or Outboard Motor (Form BM-26).
- A finalized Oklahoma Boat or Outboard Motor Serial Number Confirmation (Form BM-10) to be endorsed by a dealer or private party seller in the presence of an official notary public.
- A piece of evidence to signify ownership such as a manufacturer’s certificate of origin, an accurately reassigned vessel title, or the prior owner’s registration.
- A notarized bill of sale.
- Compensation for all applicable state registration and titling fees.
How to Complete the Form
Step 1 – First, you will want to download the corresponding Adobe PDF.
Step 2 – Indicate the full purchase price of the watercraft.
Step 3 – Buyer/Seller Information – Enter all applicable information on the buyer and seller of the vessel:
- Name
- Address
- City
- State
- Zip Code
Step 4 – Description of Vessel – Answer the prompted selections to identify the boat involved in the exchange:
- Make
- Year
- Hull ID Number
- Registration Number
- Title Number
- Motor Model
- Year (of Motor)
- Odometer Reading (in hours)
Step 5 – Description of Trailer – If there is a trailer included in the sale of the boat contribute information regarding the specifics about the trailer:
- Make
- Model
- Year
- Serial Number
Step 6 – Should there be any active claims on the vessel, indicate the associated data in the spaces provided.
Step 7 – Furnish endorsements from both parties to attest to an agreement of the contract terms.
Step 8 – Perform the signatures in the presence of a witness, notary, or attorney to add an extra layer of certification to the authenticity document and accompanying signatures.