Official Oklahoma Bm 26 Form

Detailed Instructions for Using Oklahoma Bm 26

Filling out the Oklahoma BM-26 form is a necessary step for anyone looking to obtain a certificate of title for a boat or outboard motor in the state of Oklahoma. This form is processed by the Oklahoma Tax Commission's Motor Vehicle Division and is required for both new registrations and title transfers. It’s crucial to provide accurate and detailed information to ensure the process goes smoothly. The instructions below will guide you through each section of the form, making it easier for you to complete it accurately.

1. At the top, where it says "Place Motor Vehicle Tax Stamp Here," you'll leave space for the official use once your form is being processed.
2. For the "Boat..Length" section, enter the length of your boat in feet and inches. If you're registering an inboard boat, provide the horsepower (H.P.) in the space provided or, if it's an outboard motor, enter the horsepower in the designated spot.
3. Fill in your Oklahoma Vessel Number if your boat was previously registered in Oklahoma. This is followed by entering the Registration Decal Number and the expiration date, formatted as MM-DD-YYYY, under "Expiration Date."
4. The "Model Year," "Serial or Hull Number," "Make," and "Model" sections are straightforward; provide the respective details of the boat or outboard motor you are registering.
5. Enter the Manufacturer’s Retail Factory Delivered Price in the provided space. Try to be as accurate as possible.
6. For the sections labeled "USE TYPE," "HULL," "PROP," and "FUEL," check the box that corresponds to the specifications of your vessel or motor. Make sure you choose only one option in each category.
7. Under "Owner’s Name," write your full legal name followed by your full address, including city, state, and zip code, under the "Address" section.
8. Provide your driver’s license or another identification number where indicated.
9. If there's a lien on the boat or motor, enter the date of the lien, and provide the lien holder's name and address. If there's no lien, you may leave this section blank or write "N/A."
10. Sign your name under "Signature of Owner" to affirm that the information provided is accurate and that you are the rightful owner of the property in question.
11. Finally, the section requiring notarization must be completed in the presence of a notary public. They will fill in the date, their commission expiration, and provide their signature and seal.
12. If requested by the Oklahoma Tax Commission, the second page is for a boat or motor inspection. This part must be completed by an inspector, who will verify the boat HIN (Hull Identification Number) or motor serial number and provide their information accordingly.

Once you've correctly filled out the form, review all provided information to ensure its accuracy. With your completed form in hand, along with any other requested documentation and the appropriate fees, you're ready to submit your application to the Oklahoma Tax Commission for processing. Timely and accurate completion of your application will facilitate a smooth title acquisition process for your boat or outboard motor.

1. What is the Oklahoma BM-26 form used for?

   The Oklahoma BM-26 form is an application used to request a certificate of title for a boat or outboard motor in Oklahoma. This form is necessary for establishing legal ownership and must be filled out and submitted to the Oklahoma Tax Commission's Motor Vehicle Division.

2. Who needs to fill out the BM-26 form?

   Any person or entity that is taking ownership of a boat or outboard motor and wants to register it in the state of Oklahoma needs to complete the BM-26 form. This applies whether the vessel is purchased, gifted, or acquired in some other manner.

3. What information do I need to provide on the BM-26 form?

   • Oklahoma Vessel Number (if applicable)
   • Registration Decal Number and Expiration Date
   • Model Year, Serial or Hull Number
   • Make and Model of the boat or motor
   • Manufacturer’s Retail Factory Delivered Price
   • Use type, Hull material, Propulsion, and Fuel type
   • Owner’s Name, Address, City, State, Zip, and Identification Number
   • Lien information (if applicable)

   Additionally, the owner must sign the form, attesting that the information provided is accurate.

4. Where do I submit my completed BM-26 form?

   The completed BM-26 form should be submitted to the nearest office of the Oklahoma Tax Commission's Motor Vehicle Division. It's advisable to contact the office or visit their website for specific submission instructions, including whether the form can be submitted by mail, in person, or electronically.

5. Is there a fee to file the BM-26 form?

   Yes, there is typically a fee to apply for a certificate of title for a boat or outboard motor. The exact fee may vary, so it's essential to check the latest fee schedule published by the Oklahoma Tax Commission or contact them directly for the most current information.

6. How long does it take to process the BM-26 form?

   The processing time for a BM-26 form can vary depending on the volume of applications the Oklahoma Tax Commission is handling at the time. However, applicants can generally expect to wait several weeks for processing. For the most accurate estimate, it's best to inquire directly with the commission when you submit your application.

7. Do I need to have my boat or motor inspected before submitting the BM-26 form?

   Yes, a physical inspection of the boat or outboard motor might be required by the Oklahoma Tax Commission, especially if it's being titled in Oklahoma for the first time or if there are discrepancies in the identification information. The form mentions a section for boat or motor inspection to be completed upon the commission's request.

8. What should I do if my boat or motor is subject to a lien?

   If your boat or motor is subject to a lien, you must disclose this information on the BM-26 form, including the date of the lien and the lienholder's contact information. This ensures that the lien is recorded properly in the official records and is essential for maintaining clear title ownership records.

9. Can I file the BM-26 form for a used boat or motor?

   Yes, the BM-26 form can and should be filed for both new and used boats or motors when ownership is being transferred, and the new owner is seeking to obtain an Oklahoma title.

10. What happens after I submit the BM-26 form?

    After you submit the BM-26 form, the Oklahoma Tax Commission will review your application. If approved, you'll receive a certificate of title for your boat or outboard motor. This certificate serves as proof of ownership and should be kept in a safe place. In some cases, you may be contacted for additional information or required to correct errors in your application before the process can be completed.

1. Not providing complete details about the boat or outboard motor: Applicants often overlook filling in every required field, such as the full boat length, horse power (H.P.), model year, serial or hull number, make, and model. Each of these details is crucial for correctly identifying the vessel or outboard motor in question.

2. Failing to accurately specify the type of use, hull material, propulsion, and fuel type: The form requires checking one option in each category (USE TYPE, HULL, PROP, FUEL) to describe the boat accurately. These details affect registration and might influence taxes or fees. Misidentifying any of these characteristics can lead to misclassification.

3. Incomplete owner information: The owner's full name, address, city, state, zip, and identification number must be provided. Occasionally, applicants submit incomplete address information or forget to include an identification number, which is essential for contact and legal purposes.

4. Omitting lien information or incorrectly reporting it: If the boat or motor is subject to a lien, the form requires detailed information about the lien, including the date of the lien and the lienholder’s complete address and name. Skipping this section or inaccurately reporting the lien details can complicate the title process, especially if there’s a claim on the property that needs to be noted in the official records.

To ensure a successful application process, here are a few recommendations:

• Double-check all the entered information for accuracy before submission.
• Ensure that all sections of the application are completed, even those that might not seem directly relevant. If a section does not apply, it’s better to mark it as ‘N/A’ (not applicable) than to leave it blank.
• Verify the serial or hull number directly on the boat or motor. Misreading or mistyping these numbers is a common mistake that can lead to issues in the identification of the property.
• Consult with a professional if you are unsure about any part of the application process. A small fee for professional help can prevent costly mistakes.

When navigating the process of obtaining a certificate of title for a boat or outboard motor in Oklahoma, as outlined by Form BM-26, individuals may encounter a need for several other documents. These documents are often required to ensure the complete and lawful ownership and registration of a marine vessel. Each document serves a distinct purpose, providing necessary information to the Oklahoma Tax Commission and other relevant entities.

• Proof of Ownership: This can include a bill of sale, a manufacturer's statement of origin, or a previous title. It's essential for establishing the legal owner of the boat or outboard motor.
• Application for Oklahoma Boat Registration: Similar to the title application, this form is needed for registering the vessel with the state. Registration is crucial for legally operating the boat in Oklahoma waters.
• Boat Inspection Form: Some boats or motors may require a physical inspection, especially if there are concerns about the identification numbers or if it is being titled in Oklahoma for the first time. The inspector certifies that the identification numbers on the boat or motor match those provided in the application documents.
• Release of Lien: If there was a previous lien on the boat or motor, a release of lien document must be provided. This document indicates that any prior claims on the boat or motor by lenders or other parties have been fully satisfied.
• Proof of Insurance: While not always a requirement for the title application, proof of insurance is often required for registration or to moor the boat at certain marinas. It provides documentation that the boat is insured, which may be necessary for operation in some areas.

Together, these documents support the application for a certificate of title by substantiating ownership claims, satisfying state registration requirements, and ensuring compliance with local and state regulations. Whether you're a new boat owner or managing the affairs of a vessel already under your name, understanding and preparing these documents in advance can streamline the process with the Oklahoma Tax Commission.

The Application for Certificate of Title or Registration (Vehicle/Car) is similar to the Oklahoma BM-26 form, focusing on vehicles instead of boats and outboard motors. It requires details similar to those on the BM-26, such as make, model, year, identification number, and lien information. It serves the same key purpose: to establish legal ownership and to facilitate the registration of the asset with the state authorities, ensuring that all necessary taxes and fees are accounted for.

The UCC-1 Financing Statement is another document resembling the Oklahoma BM-26 form in its function related to liens. While the BM-26 form notes liens specifically for boats or motors, the UCC-1 is broader, applicable to personal property of various types. It officially records a secured interest on personal property to prioritize and enforce the lienholder's rights, a crucial step in safeguarding investments.

The Vessel Registration Application used in many states for registering boats is akin to the BM-26, though tailored to the registration aspect. It gathers similar information such as make, model, year, and hull identification number but focuses more on the process of registering the vessel for navigation within state waters, ensuring compliance with local regulations.

The Bill of Sale for a Boat is a document that closely mirrors the transactional aspect of the BM-26 form. Although the BM-26 encompasses elements of titling and may acknowledge the conveyance of ownership through details of liens and owner information, a Bill of Sale explicitly outlines the transaction between buyer and seller, including the purchase price and specific details about the boat or motor sold.

The Application for Registration and Title (Boat) also parallels the Oklahoma BM-26 form, integrating the processes of titling and registration into a single procedure. This document captures comprehensive details about the vessel, similar to the BM-26, to ensure that the boat meets all requirements for legality on the water, encompassing both ownership authentication and the enablement to legally operate the vessel.

The Notice of Lien (Vehicle/Boat) is a document that shares the BM-26's emphasis on liens but is more specialized. It serves solely to record a new lien against a vehicle or boat, noting the lienholder’s information similar to the relevant section in the BM-26. This document is crucial for lienholders aiming to establish their legal claim over the asset in question.

The Marine Insurance Form bears similarities to the BM-26 in the context of ownership and valuation details required for insuring a boat or outboard motor. While primarily focused on outlining the terms of insurance coverage, it requires substantial information about the vessel, including make, model, and year, paralleling the data needed for the BM-26 title application to assess risk and determine premiums.

The Declaration of Security Interest (Boat or Motor) is aligned with the BM-26 form in its focus on lien information. It's specifically designed to declare a security interest (or lien) on a boat or motor, articulating the lienholder’s details and the date of the lien, similar to what is documented in the BM-26. This declaration serves to protect the lender's financial interest in the vessel.

When filling out the Oklahoma BM-26 form, an Application for Certificate of Title for a Boat or Outboard Motor, it is crucial to follow a specific set of guidelines to ensure accuracy and compliance with the Oklahoma Tax Commission requirements. Below is a combined list of things you should and shouldn't do:

• Do ensure all information is accurate. This includes the boat's length, motor horsepower (H.P.), Oklahoma Vessel Number, Registration Decal Number, Model Year, Serial or Hull Number, Make, Model, and the Manufacturer’s Retail Factory Delivered Price.
• Do not overlook the selection boxes for USE TYPE, HULL, PROP, and FUEL. It's imperative to select one option in each category that best describes your boat or outboard motor.
• Do verify the owner's information is current and accurate. This includes the full name, address, city, state, zip, and identification number, such as a driver's license.
• Do not forget to disclose any liens against the boat or motor. You should provide the lienholder's name, the date of the lien, and the lienholder's address, including city and state.
• Do sign and date the form as the owner. Your signature attests that you are the rightful owner of the boat or motor and that all statements on the application are true and correct, under the penalty of perjury.
• Do not disregard the notary section. The form must be subscribed and sworn to before a notary, including the notary's seal, on the indicated date. Ensure this section is completed to validate the form.
• Do provide for the possibility of an inspection. The BM-26 form includes a section for a Boat or Motor Inspection which may be requested by the Oklahoma Tax Commission. Be prepared to have your boat or motor physically inspected, and ensure the HIN or Serial Number fields are correctly filled in.
• Do not submit the form without double-checking all entered information for completeness and accuracy. Any incorrect or missing information can delay the processing of your application or lead to its rejection.

The careful completion of the Oklahoma BM-26 form is vital for the timely and successful registration of your boat or outboard motor. Paying close attention to detail and following the outlined dos and don'ts, ensures a smoother application process with the Oklahoma Tax Commission.

Misconceptions about the Oklahoma BM-26 form, which is an application for a certificate of title for a boat or outboard motor, can lead to confusion or errors in filing. Understanding the correct information is essential for a smooth process. Here are nine common misconceptions:

• The form is only for boats. While it is titled for boats or outboard motors, the BM-26 form is required for both boats and outboard motors in Oklahoma, not just boats.
• A notary public is not necessary. The signature of the owner must be notarized, indicating that the information provided is accurate and sworn under penalty of perjury.
• Any type of boat can be documented on this form. The form accommodates a variety of boat types and uses, including pleasure, commercial, and fishing, with specific sections for detailing the hull type and propulsion method.
• The form doesn't need detailed information about the boat or motor. Detailed specifications such as length, horsepower, vessel number, and hull identification need to be accurately provided.
• It's unnecessary to declare if the boat or motor is subject to a lien. Clear disclosure of any lien against the boat or motor, including the lien date and creditor information, is mandatory.
• The Manufacturer’s Retail Factory Delivered Price is optional. Including the manufacturer’s suggested retail price is required for the application process.
• Identification information can be any form of ID. The form specifically requires a driver’s license or other identification number, which must be valid and accurately recorded.
• Inspection by the Oklahoma Tax Commission is always required. The boat or motor inspection section is to be completed only upon request by the Oklahoma Tax Commission, meaning not all applications will necessitate an inspection.
• The form serves as immediate proof of ownership. While completing and submitting the BM-26 form is a step towards obtaining a title, the certificate of title issued by the Oklahoma Tax Commission is the official document that serves as proof of ownership.

Correcting these misconceptions ensures individuals are better prepared when applying for a title for their boat or outboard motor in Oklahoma, promoting a more efficient and error-free process.

Understanding how to properly fill out the Oklahoma BM-26 form, which is used for applying for a certificate of title for a boat or outboard motor, is crucial for ensuring your application process is smooth and successful. Here are four key takeaways that you should remember when handling this form:

• Complete All Required Fields Accurately: This form requires detailed information about the boat or outboard motor, including the length, horsepower (H.P.), Oklahoma Vessel Number (if applicable), Registration Decal Number, Model Year, Serial or Hull Number, Make, Model, and the Manufacturer’s Retail Factory Delivered Price. Ensuring that all fields are accurately filled out is essential for the processing of the certificate.
• Choose the Right Categories: The form allows you to specify the use type, hull material, propulsion type, and fuel type of the boat or motor. These categories include options like Pleasure or Commercial for use type, and materials like Wood or Fiber Glass for the hull. Selecting the correct options helps categorize the vessel accurately for the records.
• Report Any Liens: If the boat or motor is subject to a lien, you must report this on the form, including the date of the lien and the address of the lienholder. This information is critical to acknowledge any existing claims on the property before the title can be transferred.
• Signature and Verification: The applicant must sign the form, affirming under penalty of perjury that they are the rightful owner of the boat or motor and that all information provided is true. This form might also require notarization, depending on the state requirements, which adds an extra layer of legal verification to the application process.

Remember, the Oklahoma BM-26 form is a legal document, and accuracy and honesty in filling it out are paramount. It's not just about transferring ownership—it's about ensuring that all legal and regulatory guidelines are followed for the safety and enjoyment of Oklahoma’s waterways.