Notice of Transfer FAQs
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What is a Notice of Transfer and how much does it cost?
A Notice of Transfer is a form which can be completed online or at a tag agency and submitted in order to put the Oklahoma Tax Commission Motor Vehicle Division on notice that you have sold your vehicle and to whom you have sold it to. The cost is $10.00. Download the Notice of Transfer form here.
How does a Notice of Transfer protect me?
A Notice of Transfer puts any user of the Motor Vehicle system on notice that you have sold your vehicle and to whom you have sold it to. As such a record is made of the sale date making it easy for law enforcement to sort out liability if the vehicle is involved in an accident, receives traffic violations or has toll violations etc. Unfortunately it is not uncommon for purchasers to put off transferring a new vehicle into their name thus leaving the previous owner showing as the owner of record on the motor vehicle system. A Notice of Transfer puts parties on notice that the purchaser is the current owner of the vehicle regardless of the title transfer being completed.
I am trading my into a car dealership, do I still need to file a Notice of Transfer?
Notice of Transfers are optional and therefore filing one is entirely up to you. You can file a Notice of Transfer upon trading your vehicle into a car dealership, listing the dealership as the purchaser. Car dealerships typically do not transfer the title into their name and might sell your car to another dealership before it is ultimately sold to an individual. At that time you have the same issues you have when selling the vehicle yourself which include the fact that you don’t know when the purchaser will ultimately complete the transfer of the vehicle. Until such time you will be shown as the owner of record on the motor vehicle system unless you file a Notice of Transfer.
Is there a time frame that a Notice of Transfer must be filed within?
No. You may file a Notice of Transfer at any point up to the time that the purchaser completes the transfer. However, time is of the essence in order to place others on notice of the sale as soon as possible.