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Indiana Power of Attorney for Sale of Motor Vehicle

Indiana Bmv Form 56520

Category:

Power of Attorney - Limited

State:

Indiana

Control #:

IN-P0100

Format:

Instant download

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Description

The Indiana BMV Form 56520 is a Limited Power of Attorney specifically designed for the sale of a motor vehicle. This form allows a designated individual, known as the Attorney-in-Fact, to execute necessary documents on behalf of the vehicle owner, such as a bill of sale, title, and odometer statement. It simplifies the transfer process by granting the appointed person full power to handle all transactions related to the sale, including receiving funds from the transaction. The form captures essential details about the vehicle, including make, model, year, and Vehicle Identification Number (VIN). Users must complete the form accurately, providing their name, contact details, and the name of the appointed Attorney-in-Fact. It's crucial to have the form notarized to fulfill legal requirements and ensure its validity. This form is particularly useful for attorneys, partners, and legal assistants who facilitate vehicle transactions for clients, enabling them to act efficiently without the vehicle owner's physical presence. It is ideal for legal professionals assisting clients in navigating the complexities of vehicle sales, ensuring compliance with state regulations.

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How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

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FAQ

You have to provide two approved documents to establish or update your residential address within 30 days of the address change. You must visit a BMV branch to update your residential address; this cannot be amended online.

One document proving your identity; and. One document proving your lawful status in the United States; and. One document proving your Social Security number; and. Two documents proving your Indiana residency. BMV: Licenses, Permits, & IDs: Identification Cards - IN.gov in.gov ? bmv ? licenses-permits-ids ? identif... in.gov ? bmv ? licenses-permits-ids ? identif...

When You Must Visit a BMV Branch to Renew One document proving your identity; and. One document proving your lawful status in the United States; and. One document proving your Social Security number; and. Two documents proving your Indiana residency.

Titling and Registering a Vehicle Within 60 days of becoming an Indiana resident, you must apply for a vehicle title or submit a completed Request for Title ? State Form 1014 for all vehicles you own with an out-of-state title otherwise an administrative penalty will be charged.

Certificate Of Vision (Eye Referral) - State Form 22106. Certificate of Vision for Bioptic Drivers - State Form 13226. Vision Screening Documentation ? State Form 56520. Driver Ability Review - State Form 54750. Interim/Extension License - State Form 54580. Log of Supervised Driving - State Form 54706.

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Power of Attorney for Sale of Motor Vehicle

Power of Attorney and Health Care - General - Indiana

Indiana Code Section 30-5-3-3.

(a) Except as provided in subsection (b), an attorney in fact may act under a power of attorney without recording the power of attorney with the county recorder.
(b) An attorney in fact shall record the power of attorney authorizing the execution of a document that must be recorded before presenting the document for recording.
(c) A county recorder may not accept a document for recording if the document:
(1) was executed; and
(2) is presented; by an attorney in fact whose power of attorney is unrecorded.
(d) A document creating a power of attorney must comply with recording requirements, including notary and preparation statements, to be recorded under this section.
(e) A document that is presented by an attorney in fact for recording must reference the book and page or instrument number where the instrument creating the power of attorney is recorded before the document may be presented by the attorney in fact.

Indiana Code Section 30-5-4-1:

To be valid, a power of attorney must meet the following conditions:

(1) Be in writing.
(2) Name an attorney in fact.
(3) Give the attorney in fact the power to act on behalf of the principal.
(4) Be signed by the principal in the presence of a notary public.

Indiana Code Section 30-5-4-2:

(a) Except as provided in subsection (b), a power of attorney is effective on the date the power of attorney is signed by the principal.
(b) A power of attorney may:
(1) specify the date on which the power will become effective; or
(2) become effective upon the occurrence of an event.

Indiana Code Section 30-5-4-3:

(a) Except as otherwise stated in the power of attorney, if more than one (1) attorney in fact is named, each attorney in fact may act independently of the other attorney in fact in the exercise of a power or duty.
(b) Except as otherwise stated in the power of attorney, if:
(1) more than one (1) attorney in fact is named; and
(2) one (1) attorney in fact fails to serve or ceases to serve; the remaining attorney in fact may continue to act under the power of attorney without a successor for the attorney in fact who failed to serve or ceased to serve.

Indiana Code Section 30-5-4-4:

(a) Except as stated otherwise in the power of attorney, an attorney in fact fails to serve or ceases to serve when:
(1) the attorney in fact dies;
(2) the attorney in fact resigns;
(3) the attorney in fact is adjudged incapacitated by a court;
(4) the attorney in fact cannot be located upon reasonable inquiry;
(5) the attorney in fact, if at one time the principal's spouse, legally is no longer the principal's spouse; or
(6) a physician familiar with the condition of the current attorney in fact certifies in writing to the immediate successor attorney in fact that the current attorney in fact is unable to transact a significant part of the business required under the power of attorney.
(b) Except as stated otherwise in the power of attorney, if the replaced attorney in fact reappears or is subsequently able to transact business, the successor attorney in fact shall remain as the attorney in fact.
(c) Except as otherwise stated in the power of attorney, an attorney in fact designated as a successor has the powers granted under the power of attorney to the original attorney in fact.

Indiana Code Section 30-5-4-5:

(a) Except as stated otherwise in the power of attorney, an attorney in fact is entitled to reimbursement of all reasonable expenses advanced by the attorney in fact on behalf of the principal.
(b) Except as otherwise stated in the power of attorney, an attorney in fact is entitled to a reasonable fee for services rendered. The attorney in fact shall, not later than twelve (12) months after the date the service is rendered, notify the principal in writing of the amount claimed as compensation for rendering the service.

Power of Attorney for Sale of Motor Vehicle

Power of Attorney and Health Care - General - Indiana

Indiana Code Section 30-5-3-3.

Indiana Code Section 30-5-4-1:

To be valid, a power of attorney must meet the following conditions:

(1) Be in writing.
(2) Name an attorney in fact.
(3) Give the attorney in fact the power to act on behalf of the principal.
(4) Be signed by the principal in the presence of a notary public.

Indiana Code Section 30-5-4-2:

Indiana Code Section 30-5-4-3:

Indiana Code Section 30-5-4-4:

Indiana Code Section 30-5-4-5:

Indiana Bmv Form 56520

Description

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How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

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Trusted and secure by over 3 million people of the world’s leading companies

Indiana Bmv Form 56520

Description

Related forms

Viewed forms

How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?

Form popularity

FAQ

Can I change my address on my driver's license online in Indiana?

What documents do I need to get my license Indiana?

What documents do I need to renew my license in Indiana?

How do I register a car in Indiana from out of state?

What forms do I need to get my license in Indiana?

Indiana Bmv Form 56520 Related Searches

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