How do I transfer ownership of a used boat in Oklahoma?
The following documentation is required to transfer ownership of a boat or outboard motor currently titled in Oklahoma:
(1) An assigned and notarized Oklahoma certificate of title, and
(2) Verification of hull identification or serial number of the vessel/motor (OTC Form BM-10) if the Oklahoma title does not have the verification on the back.
(b) The current registration is required before a transfer of ownership may be completed.
If the assigned title is lost, application for a transfer title may be made by completing an Application for Transfer When Assigned Title Is Lost (OTC Form 777). The applicant is to complete the form, reflecting the same information as shown on the reverse side of the lost assigned title. The completed form must be accompanied by proof of ownership, such as a notarized Bill of Sale, Sales Contract and lien filing, or cancelled check to the former owner, showing the HIN or serial number of the boat or outboard motor.
Important - Boats are required to be registered and titled within 30 days of ownership.
Do I need to pay sales tax on a used boat in Oklahoma?
For a used boat or boat motor, the vehicle excise tax is 3.25% of the taxable value. This value decreases by 35% every year.
It is important to note that in Oklahoma a boater safety course is required if a boater is aged 12 to 16 in order to legally operate a vessel over 10 hp or a PWC on state waters. An Oklahoma boating safety course must be successfully completed, and you must carry your boating card on board with you while operating the vessel.
