Oregon DMV Form 735-0227. Transitional Ownership Document (TOD)

Form 735-0227 - Transitional Ownership Document (TOD) serves as a temporary ownership document used when buying or selling a vehicle in Oregon before the title is transferred.

The TOD allows for limited operation of the vehicle while the new owner completes the title transfer process. It's often used when immediate use of the vehicle is needed before the title is fully transferred.

Example Scenario: A person in Oregon has sold their vehicle, but the title transfer process takes some time. In the meantime, the new owner can use the TOD to legally operate the vehicle.

Parties Involved: Both the seller and buyer of the vehicle are involved in the TOD. It includes essential vehicle and ownership information.

Related Forms: Similar to a bill of sale, but the TOD is specific to transitional ownership before the title transfer is complete.