State Form 46021 - Sales Disclosure Form - Indiana Page 6

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INDIANA SALES DISCLOSURE FORM INSTRUCTIONS

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State if the buyer has a homestead that will be vacated for this residence. If yes, provide complete address of the residence to be vacated,

including the county of the residence.

Homestead – includes homestead credit and standard deduction. If selected the property is eligible for both the credit and deduction using the

sales disclosure form.

Solar Energy Heating/Cooling System – state if this property has a solar energy heating/cooling system.

Wind Power Device – state if this property has a wind power device.

Hydroelectric Power Device – state if this property has a hydroelectric power device (state form 18865 must be on file).

Geothermal Energy Heating/Cooling Device Deductions – state if this property has a geothermal energy heating/cooling device (state form

18865 must be on file).

Is this property a residential rental property? Identify if this property will be used as a rental property.

You may also be eligible for other credits or deductions for which separate application may be required.

The buyer/grantee, seller/grantor or their representatives must sign one (1) sales disclosure form, or if the parties do not agree on the information

to be included on the completed form, each party must sign and file a separate form. For conveyance transactions that involve more than two (2)

parties, it is sufficient for one (1) transferor and one (1) transferee to sign the SDF. If anyone other than the buyer/seller or an attorney of the

buyer/seller is signing the form, a properly executed Power of Attorney must be completed and attached. A person who knowingly and

intentionally falsifies value of transferred real property, or omits or falsifies any information required to be provided in the sales disclosure form

commits a Class C felony.

PART 2 – COUNTY ASSESSOR

The county assessor must verify and complete items 1 through 14 and stamp the sales disclosure form before sending to the auditor. The county

assessor is responsible for verifying the following information specific to each parcel included in the sales disclosure form:

Parcel ID. The parcel ID for the parcels covered on the sales disclosure form must be verified as correct and valid. .

AV Land. The most recent assessed value of the land for each parcel.

AV Improvement. The most recent assessed value of improvement(s) for each parcel.

AV Personal Property. The most recent assessed value of personal property for each parcel.

AV Total. The most recent total assessed value for each parcel.

Property Class Code. The property class code maintained within the computer assisted mass appraisal system.

Neighborhood Code. The neighborhood code maintained within the computer assisted mass appraisal system.

Valid state assigned tax district.

Acreage. Lot sizes must be converted to numeric acreage.

Additionally the following information must be provided for the sales disclosure form:

10. Identify physical changes to property between March 1 and date of sale. The county assessor is responsible for determining whether or not

significant physical changes have been made to the property between March 1 and the date of sale (conveyance date).

11. Is form completed? The county assessor has verified form has been properly completed.

12. Sales fee required? The county assessor should indicate if county auditor should collect a sales disclosure filing fee. The sales disclosure fee is

not required for table B items 11-14.

13. Date of sale. The county assessor indicates date of sale (the conveyance date) for use in statistical analysis and ratio study calculations.

14. Date form received. Date county assessor received sales disclosure form.

Items 15 through 18 are to be completed by the county assessor when validating this sale. Processing the form to the auditor is not contingent on

validation of the sale.

15. If applicable, identify any additional special circumstances relating to validation of sale.

16. County assessor indicates if the sale is valid for use in trending.

17. County assessor indicates the sale validation process is complete.

18. Signature or initials of individual validating the sale.

The county assessor and/or other assessing officials are responsible for verifying the sale as well. Verification of sales disclosure date is required

prior to submitting sales data to the DLGF. To streamline and expedite the verification of a sale, it is strongly recommended that the county

assessor verify each sale within 30 days of receipt of the SDF, as the assessor may find that the buyer and/or seller may not be located at the

address provided on the form.

Sales disclosure forms provided in response to public records requests may not include telephone numbers.

PART 3 – COUNTY AUDITOR

The county auditor is responsible for correctly collecting the filing fee for all non-exempt sales transactions as well as ensuring that all parties to the

conveyance have completed and signed the form as required. The county auditor may not accept the sales disclosure statement if (1) the buyer or

seller fails to completely fill out their designated portions of the form; (2) the sales disclosure form is not included with the conveyance document;

or (3) the sales disclosure form is incomplete and/or is not stamped by the county assessor. If the buyer or seller fails to completely fill out their

designated portion of the form, the county auditor may not accept the conveyance document. The county auditor must also confirm the date the

property was duly entered for transfer.

Disclosure fee amount collected: Enter the amount of the disclosure fee collected by the county auditor.