Free Fillable Indiana Vehicle Bill of Sale Form
The Indiana Vehicle Bill of Sale Form, also called State Form 44237 (R4/7-17), serves to evince that a transaction between two individuals, seller, and buyer, has been negotiated and voluntarily committed. Though the Indiana BOS can not be used as legal proof of transferring the ownership of the vehicle (or watercraft) that requires a certificate of title, the bill of sale template can be used to show that the property is legally held in the following situations:
- The acquisition of the road-off vehicle has taken place prior to Jan. 1, 2010;
- An abandoned vehicle has been sold at auction by a town, city, or county;
- The purchaser of the vehicle is the federal government.
Another reason to obtain the Indiana BOS is that it protects both parties who agreed to sign the paper. There are benefits from finding out about the property’s previously unobserved defects for a buyer or declining responsibility for the damage caused by the machine (or vessel) resulting from inappropriate operation for a seller. Keeping records and exchanging personal information is utterly important to prevent any unwanted situations if the vehicle (vessel) purchase is not committed through a licensed dealership.
