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Federal and State law requires that you state the mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.
If the vehicle is a lease vehicle, the lessee will need to: Complete and sign the Application for Certificate of Title and/or Registration for a Leased Vehicle (Iowa DOT form 411179) Provide the following documents: Pay a 5% one-time new registration fee on the remaining balance of the lease.
Provide a properly completed and signed Bill of Sale (PDF) to the Buyer/Transferee. Complete the Assignment of Title on the back of the Iowa Title and deliver to the Buyer/Transferee. Title Assignment: Buyer/Transferee name and address on the assignment line. Up to three names may be listed as owners on a title.
It is typically located near the speedometer. If your vehicle is newer, it may be digital. If your vehicle is older or less luxurious, it will be a physical, mechanical set of numbers. Once located, simply make a note of the currently displayed number.
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