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INDIANA SALES DISCLOSURE FORM <br />Page 3 <br />INSTRUCTIONS <br />Indiana law requires a sales disclosure form to be completed when a conveyance document (see definition below) is filed with the county <br />auditor. The county auditor may not accept a conveyance if (1) the sales disclosure form is not included with the conveyance document; or <br />(2) the sales disclosure form is incomplete. A person filing a sales disclosure form shall pay a fee of ten dollars ($10.00) to the county <br />auditor. <br />PART 1: BUYER AND SELLER INFORMATION <br />Property Transferred Information. Either the buyer/grantee or the seller/grantor should provide the parcel number(s) (including all dashes <br />and decimals), full address, tax billing address, lot size, and legal description of the parcel(s) transferred. A legal description is especially <br />important for metes and bounds descriptions and new parcels. If the transaction consists of more than three parcels, an additional list of <br />parcel numbers and lot sizes must be attached to this document. <br />Sales conditions/items. The information in this section is used to determine sales characteristics, establish market value, determine <br />applicability of the sale and for use in ratio or other studies. The appropriate circle or circles should be filled in for all conditionslitems that <br />apply to the sale. With regard to personal property (see definitions below), the buyer or seller must enter an estimated value of the personal <br />property included in the sate. Similarly, the buyer and seller must enter the amount of seller paid points as applicable. Please note that while <br />indicating that certain conditions/items will result in not paying a filing fee, the buyer/grantee or seller/grantor is still responsible for completing <br />the form in full <br />Sales Data. The date and sales price of the property transfer is to be printed in the spaces provided. Any unusual or special conditions of <br />the sale that may affect the sales price or terms of the sales agreement should also be described. <br />SellerlGrantor Information. Seller(s)/grantor(s) are to provide the full name and address for seller(s) or entity as applicable. If there are <br />more than two individuals or entities involved in the transaction, additional ownership information must be included in an attachment to this <br />form. The seller/grantor must also provide, if applicable, the name and telephone number of the title company that handled the transaction. <br />Buyer/Grantee Information. Buyer(s)lgrantee(s) are to provide the full name and address for buyer(s) or entity as applicable. If there are <br />more than two individuals or entities involved in the transaction, additional ownership Information must be included in an attachment to this <br />form. The buyer/grantee must also indicate whether the property will be used as a residential primary residence. <br />Signature and Verification. The buyer/grantee, seller/grantor or their representatives must sign one (1) sales disclosure form, or if the <br />parties do not agree on the information to be included on the completed form, each party must sign and file a separate form. If anyone other <br />than the buyer/seller or an attorney of the buyer/seller is filling out the form, a properly executed Power of Attorney must be completed and <br />attached. A person who knowingly and intentionally falsifies or omits any information required on this form commits a Class A <br />infraction. <br />PART 2: COUNTY AUDITOR RESPONSIBILITY <br />The county auditor is responsible for collecting the filing fee as well as ensuring that all parties to the conveyance have completed and signed <br />the form as required. The county auditor may not accept the sales disclosure statement if the statement is not signed by the buyer or seller. <br />If the buyer or seller fails to completely fill out their designated portion of the form, the county auditor may not accept the conveyance <br />document. The county auditor must also confirm the date the property was duly entered for transfer. <br />PART 3: COUNTY ASSESSOR INFORMATION <br />The county assessor is responsible for determining whether or not significant physical changes have been made to the property between <br />March 1 and the date of sale. The county assessor is also responsible for entering property class or use codes, the proper department of <br />local government finance taxing district number, the current assessed value, and neighborhood code information. The county assessor <br />and/or other assessing officials are responsible for verifying the sale as well (note that verification is not required prior to submitting sales data <br />to the DLGF). Sales disclosure forms provided in response to public records requests should not include phone numbers. <br />Definitions <br />Conveyance Document means any document, land sale contract, deed, quitclaim deed serving as a source of title, or other document <br />presented for recording, that purports to transfer a real property interest for valuable consideration. <br />Personal property — items that are not attached (built-in or affixed) to the real estate (land and buildings). This might include items such as <br />washers, dryers, window treatments, stoves and refrigerators. Other items considered personal property are boats and other vehicles, <br />inventories (livestock, goods in process or for trade, or agricultural commodities) and machinery used in farming or manufacturing. <br />