This Bill of Sale Package contains the essential forms needed to transfer ownership of an asset from a seller to a buyer. The following forms are included:
1. Bill of Sale of Automobile and Odometer Disclosure Statement
2. Bill of Sale of Watercraft
3. Bill of Sale of Mobile Home
4. Bill of Sale of Animal
5. Bill of Sale of Other Personal Property
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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.
When using a bill of sale to transfer ownership, the bill of sale must contain:The purchaser's name.Vehicle description, including the year, make, and model of the vehicle.Vehicle Identification Number (VIN)Seller's signature.Seller's address.
Odometer Disclosure Statement (Form 43230) Required in order to ensure there exist no odometer discrepancies. Signing Requirements Both the buyer and seller must sign. No notary or witnesses acknowledgment required.
An Indiana bill of sale can be written in plain English. There is no need for legal jargon or archaic terms. It is important to make sure that the bill of sale includes the required elements.
