The sale of a car is a long process. Many times, providing incorrect documentation can lead to delays in the process. The main reason for providing incorrect documentation is due to the lack of awareness of the laws. Indiana is the State number 38 largest by area, among the 50 States of United States. In addition, in the year of 2009, the total number of cars registered in Indiana 3.14 million. The numbers point to the growing market for the sale of cars in Indiana. However, before you decide to get rid of their old car in the State of Indiana, be sure that you have adequate knowledge of the laws in force in Indiana.
1 provide a bill of sale
It is a legal document that guarantees the proof of ownership. In general, a sales invoice contains data such as the name of the buyer, the purchase price of the car and its description. In accordance with the laws of Indiana, you are required to provide the document, whereas the sale of your car. In addition, it is necessary to fill in the data of the Bill of sale in the form 44237.
2 disclosure of the condition of the car
The mention of the current condition of the car is an ethical way to sell it. Indiana laws emphasize the submission of a request in writing that describes the State of the car. Reveals if the car is saved or rebuilt. The law applies to the cars manufactured in the last seven years. In the case, decides to retain the information provided by the buyer, who is eligible to file a lawsuit against you for damages in the future. Therefore, it is a good idea to provide the appropriate information to the buyer.
3. provide to the title
A title certificate is an important document that is required for the sale of your car in Indiana. Without a certificate of title, the process will stagnate. If your original title, broken, or stolen card is lost, you can request a duplicate car title. You can get it from Indiana Bureau of motor vehicles. Once you have requested a duplicate title, is required to produce the following things:
1 form 205 concerning the application for registration of titles,
2. a photo identity proof,
3. an amount of $8 fee, which is paid to the Indiana Bureau of motor vehicles.
Often, while the sale of a car, tends to forget the requirements of the basic laws of the State. You can make the sale difficult and long process. Therefore, don’t forget the laws in force in the State of Indiana and enjoy a comfortable process.