Indiana Assignment of Personal Property with Reference to Former Bill of Sale

State:
Multi-State
Control #:
US-00637BG
Format:
Word; 
Rich Text
Instant download

Description

An assignment is a transfer of rights that a party has under a contract to another person. Transfer of title can also be made by a Bill of Sale. This document assigns rights in personal property to another by referring to the Bill of Sale by which the assigning party gained title to the personal property.

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FAQ

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.

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.

Customers may use a bill of sale to transfer vehicle ownership in very limited circumstances as outlined below. A bill of sale cannot be used to transfer vehicle ownership for a vehicle that requires a certificate of title by law.

Although a seller should provide a valid vehicle title to car buyers on the date of purchase or within 31 days with an affidavit, car owners may use a bill of sale to register their vehicles before receiving titles or if titles are unavailable.

Indiana BMV Title Transfer GuideThe manufacturer's certificate of origin or certificate of title.Application for Certificate of Title for a vehicle.An odometer disclosure statement or a completed odometer statement on the vehicle title.A physical inspection of a vehicle or watercraft (if required)Proof of address.More items...?

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.

Indiana bill of sale forms are legal documents used between a seller and a buyer to provide evidence of a sale that has occurred. These forms can also prove a change of ownership and sometimes require notarization.

A bill of sale is required upon the private transfer of a vehicle's title from the previous owner to the new one. Once successfully executed, the new buyer may register the vehicle under their name through the Indiana Bureau of Motor Vehicles (BMV).

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Indiana Assignment of Personal Property with Reference to Former Bill of Sale