This is a limited power of attorney authorizing your agent to execute a bill of sale, title and other documents in connection with the sale of a motor vehicle. This form contains a state specific acknowledgment. This form allows your agent to do all things necessary to sell or transfer property, including the execution of a bill of sale, title, odometer statement, request for release of liens and other documents and to receive all funds from the purchase of the same.
Indiana Power of Attorney for Sale of Motor Vehicle
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How to fill out Indiana Power Of Attorney For Sale Of Motor Vehicle?
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After the principal's name, write by and then sign your own name. Under or after the signature line, indicate your status as POA by including any of the following identifiers: as POA, as Agent, as Attorney in Fact or as Power of Attorney.
Is a Bill of Sale required for selling a car in Indiana? 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.
Most states offer simple forms to help you create a power of attorney for finances. Generally, the document must be signed, witnessed and notarized by an adult. If your agent will have to deal with real estate assets, some states require you to put the document on file in the local land records office.
Although an Indiana bill of sale isn't legally necessary for every item that is sold, it is an excellent way to document a sale for your personal records.
Does a Power of Attorney need to be notarized in Indiana? Yes, the Indiana Power of Attorney is specific to the laws of the state of Indiana. It should be created by residents of Indiana, and it must be signed in front of an Indiana notary public.
In many states, notarization is required by law to make the durable power of attorney valid. But even where law doesn't require it, custom usually does. A durable power of attorney that isn't notarized may not be accepted by people with whom your attorney-in-fact tries to deal.
You'll need to pay the titling fee, which is $15. If the title was lost and a new one is needed, it will cost $8. If you fail to title the car in your name within 31 days, it will cost you $21.50. Take your documents, the title and the fee payments to your local BMV office.
Vehicle certificate of title. Application for Certificate of Title (Form 205). Bill of Sale (Form 44237). Odometer Disclosure Statement (Form 43230). Mechanic's Lien Bill of Sale (Form 23104).
POWERS OF ATTORNEY. CHAPTER 3. General Provisions.(d) A document creating a power of attorney must comply with recording requirements, including notary and preparation statements, to be recorded under this section.
