This forms package contains a Bill of Sale, Odometer Statement and Promissory Note. It is for the situation where the Buyer may be making a downpayment and paying the balance over time.
Auto Bill Of Sale Illinois Without Title
State:
Illinois
Control #:
IL-00431-C
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Illinois Bill Of Sale For Automobile Or Vehicle Including Odometer Statement And Promissory Note?
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FAQ
Submit the following documents when you apply for a title without the standard ownership documents: You can submit a bill of sale, receipt or canceled a check. ... Submit a written appraisal of the vehicle's current wholesale value for a licensed vehicle dealer. ... Pay the application fee.
You can submit a bill of sale, receipt or canceled a check. If that is not possible, just submit a notarized statement of how you were able to acquire the said vehicle. Submit a written appraisal of the vehicle's current wholesale value for a licensed vehicle dealer.
You'll need a valid vehicle title to give to the buyer. As the seller, you must sign the form as well as date it, and hand it over to the buyer. If you've lost your vehicle title, you'll need to get a duplicate title via ??Application for Vehicle Transaction(s) (VSD 190) which you can get here to print and mail.
To obtain a title for a vehicle without the proper surrender documents, the following items must be submitted to the Secretary of State's office: 1. Evidence of your right to acquire a title, such as a bill of sale, receipt or canceled check.
This answers the question of is the bill of sale same as the title, as you'll need one to get the other. Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership.