Iowa Bill of Sale (IA)

What's different in Iowa

The rules on this page come from the Iowa Code and from the Iowa Department of Revenue. Section 321.46 of the Code has the transferee apply for and obtain a new initial registration and a new certificate of title from any county treasurer within thirty calendar days after purchase or transfer, except in cases the section names. Section 321.46(2) lists a title fee of thirty dollars, an annual registration fee prorated for the remaining unexpired months of the registration year and a fee for new registration if applicable, and section 321.52A requires a surcharge of five dollars in addition to the title fee. Section 321.20(1) says that upon the transfer of ownership, the owner of a vehicle subject to the apportioned registration provisions of chapter 326 shall make application for issuance of a certificate of title to either the department or any county treasurer, and section 321.1 defines the department as the state department of transportation. Under section 423.3(73), the sales price from sales of vehicles subject to registration is exempt from sales tax. Section 321.105A(2) imposes, for each vehicle subject to registration, a “fee for new registration” of ten dollars plus five percent of the purchase price, in addition to the annual registration fee, and lists exemptions from it. The Iowa Department of Revenue says, “This fee for new registration also applies when vehicles are sold between private individuals.”

On mileage, section 321.71(7) says a certificate of title shall not be issued for a motor vehicle which is equipped with an odometer by the manufacturer unless the transferor of the vehicle has made an odometer statement in compliance with federal law and regulations and it is furnished with the application for certificate of title, or unless an exemption applies under 49 C.F.R. §580.17. The same subsection says a certificate of title may be issued for a motor vehicle to a person who moves into Iowa if the person acquired ownership of it prior to moving there. The federal rule's own exemptions are on the odometer disclosure statement page. On plates, section 321.34(1) says that when the owner of a registered vehicle transfers or assigns ownership of the vehicle to another person, the owner shall remove the registration plates from the vehicle. A blank vehicle bill of sale is on this page as well.