Ind. Code 6.1.1-5.5 governs the filing of sales disclosure forms. According to that statute, certain transactions are exempt from the sales disclosure form requirement. As of July 12, 2007, the Marion County Assessor will no longer require a sales disclosure form for those transactions that are exempt under the law. The following documents will not require a sales disclosure form:
mortgages
sheriff's deeds or marshal's deeds
tax title deeds or auditor's deeds
deeds to add a spouse to the title of the property
affidavits of survivorship or heirship affidavits
affidavits showing a name change or showing proof two names relate to the same person
deeds conveying property to a charity, not-for-profit, or government institution
trustee's deeds
deeds to correct prior recorded document, such as a scrivener's affidavit or corrective deed
easements
restrictive covenants
right of way grants or vacations
plats, surveys or engineer's corrections
leases lasting less than 90 years
The following documents may not require a sales disclosure form, but must first be reviewed by the Marion County Assessor to determine their status:
quitclaim deeds not serving as a source of title
deeds for a conveyance made in relation to a foreclosure
deeds for a conveyance made in relation to a divorce
deeds for a conveyance made pursuant to court order
deeds to add or remove an owner
deeds for a conveyance which is a gift, or where the price has been discounted
personal representative's or executor's or administrator's deeds that convey property to a beneficiary of the estate
guardian's deed conveying property to the ward
deeds conveying property to a trust
