Frequently Asked Questions - Sales Disclosure
Q:
What information must I have on a deed when I bring it to the Auditor's
Office for processing before it can be recorded?
A: All
deeds must have the following:
1) Notarized signature of seller
(grantor)
2) Legal description of property
3) Name of person who prepared
document
4) Mailing address for tax bill
5) Sales Disclosure Form or Exempt
Transaction Form
Q: What is
the cost for filing a Sales Disclosure Form?
A: There is a $ 10.00 filing fee for a non-exempt transaction.
Q: Do all tax title deeds need a Sales Disclosure Form?
A: All deeds require a Disclosure Form whether exempt or non-exempt. Non-exempt transactions require a $10.00 filing fee; no fee for exempt transactions. (According to I.C. 6-1.1-5.5-3.)
Q:
What information must be on a Sales Disclosure Form?
A: A Sales Disclosure Form must
have the following information:
1) Sellers name and address
2) Buyers name and address
3) Address of property being conveyed
(sold)
4) Date property was sold
5) Sales price of property and
parcel/key number
6) Check conditions of real estate
that apply to sale (if any)
7) Signatures, phone numbers of
buyer and seller, date signed
8) Preparer's name, address, and phone number
9) If filing for the Homestead Deduction, must include the last 5 digits of your social security number and Driver's License number.
Q: What information
must a contract have on it?
A: All contracts must contain a legal description, be notarized
and be accompanied with a Sales Disclosure Form. There is a $10 fee.
For more information on Sales Disclosure Forms, click here to see the Indiana Department of Local Government and Finance's FAQs on Sales Disclosure Form 46021.
For all other Sales Disclosure Form questions, contact the Vanderburgh County Assessor's Office at 812-435-5267.
|
