This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
Iowa Bill Of Sale With Deposit
State:
Iowa
Control #:
IA-00431-C
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Iowa Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
The date of sale should match your bill of sale date. (4) Although a bill of sale is not required when transferring an Iowa Title from a private sale, you may want to have one so that you have the buyer's information if needed for future reference. The bill of sale does not need to be notarized.
The bill of sale does not need to be notarized.
A deposit receipt should have the buyer's information, the seller's information, the vehicle information, the deposit amount plus the total purchase amount of the vehicle, and both the current date and the date upon which the buyer must return to make the full payment and/or sign a purchase agreement.
Placing money down or a deposit on a vehicle is a promise that you are going to purchase it. It is also a promise of the seller to hold the vehicle until you finalize the purchase. Most deposits or money down are not refundable unless stated otherwise.
INSTRUCTIONS FOR BILL OF SALEseller's name.make of the vehicle (chevy, ford, dodge, etc.)year of the vehicle.vin # - vehicle identification number.buyer's name.date of sale.signature of seller.