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Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.
The bill of sale is not required to be notarized or signed under penalties for perjury. A bill of sale application must include a Physical Inspection of a Vehicle or Watercraft - State Form 39530.
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.
Yes, Indiana requires a bill of sale for private party vehicle transactions. Form 44237 is what you need, and it requires signatures from both the buyer and the seller.
For instance, a motorists may use a bill of sale form to help register a vehicle in the state, verify ownership and obtain a new title. However, a DMV bill of sale is not required if vehicle titles are obtainable or if residents can use other documents to prove vehicle ownership.
The bill of sale is not required to be notarized or signed under penalties for perjury. A bill of sale application must include a Physical Inspection of a Vehicle or Watercraft - State Form 39530.
Beginning July 1, Indiana consumers have 45 days to title and plate a vehicle after purchase.
You must provide the sales date and purchase price, as well as the odometer reading. If you cannot locate or obtain the title, a Bill of Sale, or Form 44237 is required. You must also include an Odometer Disclosure Statement, or Form 43230, and a Mechanic's Lien Bill of Sale, or Form 23104, if necessary.
For instance, a motorists may use a bill of sale form to help register a vehicle in the state, verify ownership and obtain a new title. However, a DMV bill of sale is not required if vehicle titles are obtainable or if residents can use other documents to prove vehicle ownership.