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Reassignment of a Vehicle by a Registered Dealer Form

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Reassignment of a Vehicle by a Registered Dealer

State Form 20070 (R4 / 3-14) - Indiana Bureau of Motor Vehicles

INSTRUCTIONS:

1. Complete in blue or black ink or print form.

2. This form can be used with an Indiana or an out-of-state title that does not have three dealer reassignments.

3. This form cannot be included with transactions containing: (1) any Indiana title printed after September 1989, (2) a certificate of origin, (3) any out-of-state title that has three dealer reassignments or specifically states “No Additional Dealer Reassignments” regardless of the number of reassignments, (4) any title that has a usable reassignment available, (5) any title for the purposes of replacing a skipped reassignment, or (6) Certificate of Salvage Vehicle titles.

4. The Indiana BMV does not guarantee that this form will be accepted by titling agencies in the other jurisdictions.

SECTION 1 - TO BE COMPLETED BY A REGISTERED DEALER

Vehicle Identification Number

Vehicle Year

Vehicle Make

The dealer listed below hereby sells, assigns, transfers, and conveys the above vehicle described on the attached certificate of title, number from the State of and warrant the title of said vehicle at the time of delivery subject to the following liens or security interests if any, and none other as specified below.

Name of Dealer

Dealer Number

Dealer Business Address (number and street)

City

State

ZIP Code

Date of Sale (mm/dd/yyyy)

Selling Price

Name of Purchaser(s) (last, first, middle initial or company name)

Purchaser Address (number and street)

City

State

ZIP Code

Name of Lienholder (if no lienholder write “None”)

Lienholder Mailing Address (number and street)

City

State

ZIP Code

ODOMETER STATEMENT

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, imprisonment, or both.

I certify to the best of my knowledge that the odometer reading is the actual mileage of the vehicle unless one of the following statements is checked:

Miles (no tenths)

1. I hereby certify that to the best of my knowledge the odometer reading reflects the amount of mileage in excess of its mechanical limits.

2. I hereby certify that the odometer reading is NOT the actual mileage. WARNING – ODOMETER DISCREPANCY.

SECTION 2 - AFFIRMATION

Must be signed by dealer and purchaser

I swear or affirm that the information I have entered on this form is correct. I understand that making a false statement may constitute the crime of perjury.

Signature of Dealer Representative

Printed Name

Position

Date Signed (mm/dd/yyyy)

I am aware of the above odometer certification made by the seller.

Signature of Purchaser

Printed Name

Date Signed (mm/dd/yyyy)

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What this Reassignment form is and when it applies

The Reassignment of a Vehicle by a Registered Dealer Form documents a dealer-originated transfer of ownership or title notation for a motor vehicle. Dealers use it when a vehicle moves through dealer inventory, is sold as a trade-in, transferred between dealerships, or when a prior reassignment on the title must be corrected. The form typically captures dealer registration, buyer and seller names, vehicle identification number (VIN), odometer disclosure, and transfer date so state motor vehicle agencies can update title records and clear lien information where applicable.

Why dealers and title services rely on this form

This form creates a clear, auditable record of dealer-originated title reassignments and supports compliance with state DMV rules. Electronic execution is generally enforceable under federal ESIGN law (15 U.S.C. ch. 96) and state UETA frameworks where adopted, subject to statutory exceptions and state-specific notarization requirements.

Why dealers and title services rely on this form

Typical parties who complete or receive the form

Who completes and receives the Reassignment of a Vehicle by a Registered Dealer Form depends on the transaction and state rules.

  • Licensed dealers and dealership title clerks who prepare and sign reassignment entries for inventory and trade transactions.
  • Vehicle buyers or transferees when the dealer records a reassignment that affects transfer of ownership or lien status.
  • Lenders, lienholders, and DMV/title service providers that need accurate reassignment records to update title or release liens.

Knowing the typical participants helps ensure correct routing, authentication, and record retention for title processing.

Essential data elements on the form

Dealer Name: Registered dealer business name
Dealer Number: State-issued dealer registration ID
VIN: Vehicle identification number
Buyer Name: Full legal name of transferee
Odometer: Odometer disclosure reading
Transfer Date: MM/DD/YYYY transfer date

Step-by-step: completing a reassignment correctly

Follow these core steps to complete and route the reassignment without common processing delays.

  • 01
    Verify Dealer Info: Confirm dealer name and registration ID
  • 02
    Confirm VIN: Match VIN to vehicle title and records
  • 03
    Complete Odometer: Enter reading and disclosure per state rules
  • 04
    Sign and Date: Authorized dealer rep signs and dates

How to configure an online reassignment workflow

Set up fields and authentication for accuracy, minimal signer friction, and DMV acceptance when possible.

Field Configuration
VIN Field Settings Fixed-length validation, uppercase characters
Odometer Field Numeric only, required field
Signer Authentication Email + SMS or ID verification
Attachment Requirement Attach title or lien release PDF

Distribution channels and technical needs

Use platforms that support audit trails, optional advanced authentication, and integrations with dealer management systems to reduce rekeying and submission errors.

  • Email Routing: Standard signer notification
  • Remote Notary: Live notarization via AV session
  • API Integrations: Connect to CRM and DMS

Typical routing: where the completed form goes next

A clear routing path prevents missing steps and speeds DMV title updates.

  • Dealer Records: Clerk uploads completed reassignment
  • Title Service: Review and attach supporting docs
  • DMV Submission: File to state motor vehicle agency
  • Lender Notification: Update lienholder records if needed

Timing to expect for filing and title updates

Deadlines and DMV processing times vary by state; plan for internal deadlines and statutory filing windows.

State Filing Window:

Varies by state; often 10–30 days

Dealer Internal SLA:

Recommend 3 business days to prepare

DMV Processing:

Can be 1–6 weeks depending on state

RON Session:

Schedule within required timeframe

Corrective Filings:

Act immediately to avoid penalties

Key milestones from preparation to title update

Track milestones so each step completes before the next begins.

01

Document Preparation

Complete reassignment and gather supporting docs

02

Authentication

Signers complete required authentication

03

Submission to DMV

Title service or dealer files with state agency

04

Title Issuance

DMV processes and issues updated title

Common mistakes that delay or invalidate reassignment

  • Incorrect VIN entry that does not match the vehicle title or registration, causing DMV rejection and processing delays.
  • Missing or mismatched signer names between IDs, the form, and the title, which can result in returned filings.
  • Incomplete odometer disclosure or wrong mileage units, leading to legal compliance flags or transaction rescission risk.
  • Failure to meet state-specific notarization or witness requirements, producing an invalid reassignment for title transfer.

Consequences of incorrect or late reassignment

Late Filing: May cause fines and late fees
Title Rejection: DMV can reject and require resubmission
Liability Exposure: Dealer may face civil claims
Odometer Penalties: Federal/state penalties possible
Lien Issues: Lienholder records may be inaccurate
Tax Reporting: Incorrect records affect tax filings

eSignature vendor snapshot for handling reassignment forms

Common vendor features and starting price points for electronic signature platforms used to execute reassignment documents; signNow is listed first per comparison convention.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes Yes
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Secure storage and format recommendations

File Format: Store signed PDF/A copies
Encryption: TLS in transit, AES-256 at rest
Audit Trail: Capture timestamps and IPs
Access Controls: Role-based permissions
Backups: Retain redundant backups
BAA Availability: Healthcare requires BAA

Frequently asked questions about reassignments

Answers to common questions that arise when preparing or submitting a Reassignment of a Vehicle by a Registered Dealer Form.


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