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The new owner(s) will also be required to complete an application for certificate of title and/or registration form (Form 411007) as well as a completed bill of sale at the time of transfer.
In circumstances where you are required to provide a bill of sale, you must provide a notarized copy to the state of Iowa. It's also a good practice to create copies of bills of sales for buyers and sellers to keep with their records.
Iowa law requires a title or junking certificate to be delivered at the time of sale to the buyer, and the title needs to be transferred by the buyer within 30 days of a vehicle being purchased.
Bill of Sale on Iowa Certificate of Title Application for Certificate of Title and/or Registration. Bill of sale template (from Iowa State County Treasurers Association) Claim for Refund. Damage Disclosure Statement. Junking certificate.
Penalties will apply after 30 days. A Buyer/Transferee can drive the vehicle for 30 days without plates, as long as the vehicle was currently licensed by the Seller/Transferor. The properly assigned title and proof of insurance must be available in the vehicle in case the Buyer/Transferee is stopped by law enforcement.
Iowa Code section 321.69 requires that the seller (including the seller of a motor home) must disclose damage about the vehicle. Under Iowa Administrative Rule 761-400.55(2), the model year formula is the current year minus 8.
The following paperwork is required for selling a car in Iowa: Certificate of Title. Affidavit of Sale and Delivery of Title (section 2 of form 411107)
Title jumping is considered a felony in most states, including Iowa where it is unlawful for a manufacturer, dealer, importer, or any other vehicle seller to ?sell or dispose of? a vehicle without the proper title and other registration information.