Iowa Bill of Sale and Assignment Pursuant to Purchase Agreement
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How to fill out Bill Of Sale And Assignment Pursuant To Purchase Agreement?
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FAQ
The bill of sale does not need to be notarized.
Title Transfer RequirementsThe original title with all required areas on the back filled out without any alterations.A copy of the previous registration.Your driver's license.The Application for Certificate of Title completed and signed.Payment for all fees and taxes.More items...
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.
A bill of sale or purchase agreement is already required for vehicles purchased from a dealership. The Iowa State County Treasurer's Association (ISCTA), in partnership with the Iowa Department of Revenue (IDOR), aims to substantiate the purchase price of every vehicle transferred in Iowa.
An Iowa bill of sale is required to register a vehicle if you're buying the vehicle from another person. It can also act as proof of purchase. You will need to take a certificate of title (signed over by the seller) and a completed application for an Iowa certificate of title or registration.
It is required that you have a valid IA driver's license before you can register your car. Iowa DOT doesn't require it, but you should complete a Bill of Sale with the seller to document the vehicle's transfer of ownership and protect the security interests of everyone involved.
The bill of sale should include the seller's name, the make and year of the vehicle, the Vehicle Identification Number (VIN), the buyer's name, the date of sale, the purchase price, and the signature of the seller.
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.
You may use the Bill of Sale Form from the Iowa State County Treasurer's Association or you may write up your own. The county treasurer may require the Bill of Sale Form to be notarized. Please contact your county treasurer before submitting this document.