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.
Question | Answer |
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Form Name | Ut 510 Form Iowa |
Form Length | 1 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 15 sec |
Other names | UT-510, lessee, reciprocity, Purchaser |
NEW TITLE #
PLATE #
TRANSFER DATE
TRANSACTION CERTIFICATE
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: ____________________________________ |
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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
Purchase |
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Price |
$ ______________ |
Less |
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Allowance |
$ ______________ |
Amount Subject |
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to |
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Registration |
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Fee |
$ ______________ |
1. |
Transfer by gift, or without consideration (please explain) ______________________________________________ |
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2. |
Purchaser/lessee is one of the following nonprofit or government organizations: |
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community health center |
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rehabilitation facility |
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hospital licensed under 135B |
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migrant health center |
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legal aid organization |
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nonprofit private museum |
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nonprofit private art center |
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hospice facility |
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residential care facility for the mentally ill |
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community mental health center |
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procurement organization |
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private nonprofit educational institution |
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government |
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community action center |
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residential care or intermediate care |
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rehabilitation facility for |
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licensed under 216A.93 |
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facility for the intellectually disabled |
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intellectually disabled children |
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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.
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Date of termination of prior business: __________________ Date of the legal creation of new entity: _______________ |
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4. |
Purchased by a licensed dealer for resale. Dealer license #: _______________________ |
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5. |
Purchased for rental. Purchaser’s sales tax permit #: _____________________________ |
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6. |
Leased vehicle used solely in interstate commerce. |
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7. |
Vehicle registered and/or operated in Iowa Code Section 326 (reciprocity) with gross weight of 13 tons or more |
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and with 25% of the mileage outside of Iowa. Both weight and mileage must be met for the first four years of |
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operation to be eligible for exemption. |
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8. |
Other; ie. |
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Mobile home |
____ Vehicle is homemade |
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Inheritance or court order |
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Iowa; provide previous name/address information in “Seller” column |
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Purchased outside Iowa by Iowa resident; attach copy of |
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Name added or dropped |
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Bill of Sale showing at least 5% of the purchase price paid to |
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(circle one); provide all |
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another state |
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names involved |
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Purchased in Iowa by nonresident; temporary, |
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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: ___________________________