Iowa Bill of Sale

State:
Iowa
Control #:
IA-001-RH
Format:
Word; 
Rich Text
Instant download

Description

This Bill of Sale without Warranty by Individual Seller to Individual Buyer. This is a Quitclaim Conveyance. This form complies with all applicable state statutory laws.

An Iowa Bill of Sale is a legal document that is used to transfer the ownership of a certain good from one person to another. The Iowa Bill of Sale is used to prove that a legal sale and purchase has taken place and is typically required for the transfer of motor vehicles in the state. The Iowa Bill of Sale must be signed by both the buyer and the seller and must include the details of the goods, the sale price, and the date and place of the sale. There are two types of Iowa Bill of Sale: Iowa Motor Vehicle Bill of Sale and Iowa Boat and Vessel Bill of Sale. The Iowa Motor Vehicle Bill of Sale is used to transfer the ownership of a motor vehicle, such as a car, truck, or motorcycle, from one person to another. The Iowa Boat and Vessel Bill of Sale is used to transfer the ownership of a boat or vessel, such as a boat, jet ski, or sailboat, from one person to another.

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FAQ

Bill of Sale is Required A Bill of Sale (PDF) signed by the seller/transferor is required for all title transfers even if the transfer is a gift. A Buyer/Transferee has 30 days to present the properly assigned title to the County Treasurer so that a title can be issued in the Buyer/Transferee name.

In circumstances where you are required to provide a bill of sale, you must provide a notarized copy to the state of Iowa. It's also a good practice to create copies of bills of sales for buyers and sellers to keep with their records.

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 state of Iowa does not register firearms or require that private sales include a bill of sale. Still, when buying or selling a gun in Iowa, it is a good idea to include a bill of sale and have it notarized if possible. The bill of sale can prove ownership of the firearm later, should the need arise.

Please note this form must be notarized. Once our office receives the application there is a state required mandatory 5-day waiting period before the replacement title is issued. The replacement title fee is $25.00. You can come to your County Treasurer's Office to receive a new validation sticker.

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.

To complete a bill of sale in Iowa, you can either use a template as found online or at your local DOT office, or you may write up your own. Your document should be considered valid as long as all of the information is complete, including the signatures.

Can I Sell a Car in Iowa Without a Title? The Iowa MVD requires a title to sell a vehicle. If your title is lost, duplicate titles can be obtained from the MVD.

More info

A bill of sale document lines out the details of a transaction between a buyer and seller. The seller and the buyer complete the bill of sale.You can use the Vehicle Bill of Sale (pdf) (MV-912). This process calls for a complete, welldrafted bill of sale. A bill of sale is only a record that a sales transaction occurred between two parties. A bill of sale for selling a car serves as proof of purchase and transfer of ownership. It's a combination of a sales receipt and a contract. A bill of sale is a document that verifies you've sold your car and provides basic information about the vehicle and the terms of the sale. A bill of sale for selling a car serves as proof of purchase and transfer of ownership. It's a combination of a sales receipt and a contract.

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Iowa Bill of Sale