Ut 510 Form Iowa PDF Details

Understanding the complexities of vehicle registration and title transfer in Iowa is pivotal for any transaction involving vehicles. The UT-510 form, issued by the Iowa Department of Revenue, stands at the core of such processes, facilitating various transactions while ensuring compliance with state regulations. This form not only records the transfer of vehicle ownership but also specifies the details of the transaction, including the identities of the purchaser and the previous owner, their addresses, and contact information. Furthermore, it plays a crucial role in determining the applicability of Iowa's One-time Registration Fee by providing a section for declaring the purchase price and any trade-in allowances. Notably, the UT-510 form also outlines specific exemptions that might apply to the transaction, ranging from transfers made as gifts or to non-profit organizations, to vehicles purchased for resale or rental. Completing this form accurately is essential, as it requires the purchaser's declaration under penalties of perjury about the affidavit's correctness and completeness. Additionally, the presence of items like the vehicle's make, model, year, and VIN, along with the old title number, emphasizes the form's importance in ensuring a transparent and lawful transfer of vehicle ownership within the state.

QuestionAnswer
Form NameUt 510 Form Iowa
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesUT-510, lessee, reciprocity, Purchaser

Form Preview Example

NEW TITLE #

PLATE #

TRANSFER DATE

TRANSACTION CERTIFICATE

UT-510

IOWA DEPARTMENT OF REVENUE

This certificate must be completed by the applicant

before registration will be processed.

LIEN HOLDER

UT#

Purchaser/

Seller/

Registering Owner: _____________________________

Previous Owner: _______________________________

Address: ______________________________________

Address: ______________________________________

City: ______________________ State: ___ Zip: ______

City: ______________________ State: ___ Zip: ______

Telephone: ____________________________________

Telephone: ____________________________________

 

 

NOTE: A copy of the Bill of Sale signed by the seller and buyer may be required.

Description

Vehicle Purchased

Vehicle Traded

Make, Model & Yr.

VIN

Old Title #

Check the number below which exempts this transaction from Iowa’s One-time Registration Fee and write the number in the UT# box at the top right of this form.

Purchase

 

Price

$ ______________

Less

 

Trade-In

 

Allowance

$ ______________

Amount Subject

to One-time

 

Registration

 

Fee

$ ______________

1.

Transfer by gift, or without consideration (please explain) ______________________________________________

2.

Purchaser/lessee is one of the following nonprofit or government organizations:

 

 

___

community health center

___

rehabilitation facility

__

hospital licensed under 135B

___

migrant health center

___

legal aid organization

__

free-standing nonprofit

___

nonprofit private museum

___

nonprofit private art center

 

hospice facility

___

residential care facility for the mentally ill

___

community mental health center

__

procurement organization

___

private nonprofit educational institution

___

government

__

community action center

___

residential care or intermediate care

___

rehabilitation facility for

 

licensed under 216A.93

 

 

facility for the intellectually disabled

 

intellectually disabled children

 

 

3. Vehicle transferred from a sole proprietorship or partnership to a corporation, LLC or vice versa, with the ownership remaining exactly the same and for the purpose of continuing the same business.

 

Date of termination of prior business: __________________ Date of the legal creation of new entity: _______________

4.

Purchased by a licensed dealer for resale. Dealer license #: _______________________

5.

Purchased for rental. Purchaser’s sales tax permit #: _____________________________

6.

Leased vehicle used solely in interstate commerce.

 

 

7.

Vehicle registered and/or operated in Iowa Code Section 326 (reciprocity) with gross weight of 13 tons or more

 

and with 25% of the mileage outside of Iowa. Both weight and mileage must be met for the first four years of

 

operation to be eligible for exemption.

 

 

8.

Other; ie.

 

 

 

 

____

Mobile home

____ Vehicle is homemade

___

Inheritance or court order

 

____

Move-In: Previously titled outside Iowa by nonresident moving into

 

 

 

 

Iowa; provide previous name/address information in “Seller” column

 

 

 

____

Purchased outside Iowa by Iowa resident; attach copy of

___

Name added or dropped

 

 

Bill of Sale showing at least 5% of the purchase price paid to

 

(circle one); provide all

 

 

another state

 

 

names involved

 

____

Purchased in Iowa by nonresident; temporary, in-transit title issued

 

 

 

____

Other (please explain) ______________________________________________________________

I, the undersigned, declare under penalties of perjury that I have examined this affidavit, and to the best of my knowledge and belief, it is true, correct and complete.

Purchaser’s signature: _________________________________________ Date: ___________________________

55-002 (01/30/13)