Create Your Motor Vehicle Bill of Sale

Official Motor Vehicle Bill of Sale Form for Indiana

The Indiana Motor Vehicle Bill of Sale is a legal document that records the sale of a vehicle between a buyer and a seller. This form serves as proof of ownership transfer and includes important details about the vehicle and the parties involved. To ensure a smooth transaction, consider filling out the form by clicking the button below.

Create Your Motor Vehicle Bill of Sale

Overview

Documents used along the form

When buying or selling a vehicle in Indiana, the Motor Vehicle Bill of Sale form is a crucial document. However, several other forms and documents may also be needed to ensure a smooth transaction. Here are four important documents that often accompany the Bill of Sale.

Certificate of Title: This document proves ownership of the vehicle. The seller must sign over the title to the buyer during the sale. It is essential for the buyer to obtain this document to register the vehicle in their name.
Odometer Disclosure Statement: This form records the vehicle's mileage at the time of sale. Federal law requires this statement for vehicles under ten years old. It helps prevent fraud by ensuring that the mileage reported is accurate.
Notary Acknowledgement Form: To ensure the legitimacy of signatures, utilize the required Notary Acknowledgement form resources for proper verification in Ohio.
Application for Title: After purchasing a vehicle, the buyer needs to fill out this application to obtain a new title in their name. It typically requires information about the buyer, seller, and vehicle details, such as the VIN and make.
Vehicle Registration Form: This form is necessary to register the vehicle with the Indiana Bureau of Motor Vehicles (BMV). It includes information about the vehicle and the owner and is required to legally drive the vehicle on public roads.

Having these documents ready can streamline the buying or selling process and help avoid potential issues down the road. Always ensure that all paperwork is completed accurately to protect both parties involved in the transaction.

Common mistakes

Incomplete Information: Many individuals fail to provide all necessary details, such as the vehicle identification number (VIN), make, model, and year of the vehicle. Omitting this information can lead to confusion and potential legal issues.
Incorrect VIN: A common error involves entering the wrong VIN. This number is crucial for identifying the vehicle and ensuring that the sale is legitimate. A mismatch can complicate the registration process.
Missing Signatures: Both the buyer and seller must sign the form. Neglecting to obtain the necessary signatures can render the document invalid, making it difficult to prove ownership transfer.
Failure to Date the Document: Not including the date of the transaction can lead to disputes about when the sale occurred. This information is vital for legal and tax purposes.
Improper Notarization: If notarization is required, individuals often overlook this step or fail to follow proper procedures. An improperly notarized document may not hold up in legal situations.
Ignoring State-Specific Requirements: Each state may have unique requirements for a bill of sale. Failing to adhere to Indiana’s specific regulations can result in an invalid sale.
Not Retaining a Copy: After completing the form, some individuals forget to keep a copy for their records. Retaining documentation is essential for future reference and to resolve any potential disputes.

⇓ Motor Vehicle Bill of Sale File

Key takeaways

When filling out and using the Indiana Motor Vehicle Bill of Sale form, consider the following key takeaways:

Accurate Information: Ensure that all information, including the names, addresses, and vehicle details, is accurate and complete.
Signatures Required: Both the seller and the buyer must sign the document for it to be valid.
Notarization Optional: While notarization is not required, having the document notarized can provide an extra layer of authenticity.
Keep Copies: Both parties should retain copies of the signed Bill of Sale for their records.
Use for Title Transfer: The Bill of Sale is essential for transferring the vehicle title and should be submitted to the Indiana Bureau of Motor Vehicles (BMV) as part of the process.

PDF Properties

Fact Name	Description
Purpose	The Indiana Motor Vehicle Bill of Sale serves as a legal document to record the sale of a vehicle between a buyer and a seller.
Governing Law	The form is governed by Indiana Code Title 9, Article 17, which outlines the laws related to motor vehicles and their sale.
Required Information	Buyers and sellers must provide details such as the vehicle's make, model, year, VIN, and sale price.
Signatures	Both the buyer and seller must sign the Bill of Sale to validate the transaction.
Notarization	While notarization is not mandatory, having the document notarized can add an extra layer of security and authenticity.
Tax Implications	The sale of a vehicle may have tax implications; buyers should be aware of potential sales tax obligations.
Record Keeping	Both parties should keep a copy of the Bill of Sale for their records, as it serves as proof of the transaction.
Transfer of Ownership	The Bill of Sale is essential for transferring ownership and registering the vehicle with the Indiana Bureau of Motor Vehicles (BMV).
Availability	The Indiana Motor Vehicle Bill of Sale form can be obtained online or through the Indiana BMV offices.

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Form Example

Indiana Motor Vehicle Bill of Sale

This Bill of Sale is provided for use in the state of Indiana. Please ensure that all information is accurate and complete as this document is essential for the transfer of ownership.

Seller Information:

Name: __________________________
Address: _______________________
City: __________________________
State: Indiana
Zip Code: ______________________
Phone Number: __________________
Email: _________________________

Buyer Information:

Name: __________________________
Address: _______________________
City: __________________________
State: Indiana
Zip Code: ______________________
Phone Number: __________________
Email: _________________________

Vehicle Information:

Make: __________________________
Model: _________________________
Year: _________________________
VIN (Vehicle Identification Number): ____________________
Odometer Reading: ______________ miles

Sales Information:

Sale Price: $____________________
Date of Sale: ____________________

This Bill of Sale is a legal document that hereby confirms the transfer of ownership of the motor vehicle described above from the Seller to the Buyer. By signing this document, both parties agree to the terms of the sale.

Seller's Signature: ________________________ Date: _______________

Buyer's Signature: ________________________ Date: _______________

Should you have questions about this document, please consult with a local legal advisor for further assistance.