Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale
About this form
This Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to formalize the sale of a motor vehicle. The seller affirms ownership and certifies that the vehicle is free of any claims. This form uniquely emphasizes that the automobile is sold "as-is," meaning the buyer accepts it without warranties regarding its condition. It also includes an Odometer Disclosure Statement, which is essential for legal compliance when transferring vehicle ownership.
Key components of this form
- Identification of the seller(s) and buyer(s)
- Details of the vehicle, including make, model, and VIN
- Statement confirming the vehicle is sold "as-is"
- Seller's guarantee of ownership free of claims
- Odometer Disclosure Statement with mileage details
When to use this form
This form should be used when an individual or entity sells an automobile without providing any warranties on its condition. It is particularly useful in private sales where the buyer may want to ensure they understand and accept the vehicle's current state. The form serves as a protective measure for both parties, documenting the transaction and the condition of the vehicle at the time of sale.
Intended users of this form
- Private sellers of automobiles
- Buyers purchasing vehicles in as-is condition
- Individuals seeking official documentation for a vehicle sale
- Parties wanting to fulfill legal requirements for vehicle ownership transfer
How to prepare this document
- Identify the seller(s) and buyer(s) by filling in their names and contact information.
- Specify the details of the vehicle, including the make, model, year, and Vehicle Identification Number (VIN).
- Complete the sale amount in the designated section.
- Both seller(s) and buyer(s) must sign the document to validate the transaction.
- Complete the Odometer Disclosure Statement, providing the current mileage and any necessary certifications.
Does this document require notarization?
This form needs to be notarized to ensure legal validity. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call, available anytime.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to include all necessary vehicle details.
- Not having signatures from both parties.
- Leaving the odometer statement incomplete or incorrect.
- Ignoring local regulations regarding vehicle sale documentation.
Benefits of using this form online
- Quick and easy access to legally compliant templates.
- Editable format allows customization to specific transaction details.
- Streamlined process ensures all necessary elements are included.
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FAQ
An as-is bill of sale in Illinois indicates that the buyer accepts the vehicle in its current condition without any warranties or guarantees from the seller. This type of sale protects the seller from future claims regarding vehicle defects. It is particularly important to include the odometer disclosure statement when drafting the Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale.
Obtain and fill out the Illinois Notice of sale form. Remove the license plates from the car. Confirm that the buyer has a valid driver's license. Confirm that the buyer has valid car insurance. move all personal identification from the car.
Applying for Title:Evidence of your right to acquire a title, such as a bill of sale, receipt or canceled check. If evidence of your ownership is not available, a notarized statement explaining how you came into possession of the vehicle is required.
The date of the sale. A description of the car, including its: Year, make and model. The selling price of the car. If the car is a gift or partial gift, you should still create a bill of sale. Warranty information. The full names, addresses and signatures of the buyer and seller.
Can a Bill of Sale Be Handwritten? A bill of sale is a legal document that verifies you have sold your car and provides basic information about the vehicle or any other item and the terms of the sale.As, with any legal written document a bill of sale can be handwritten.
Alabama. Arkansas. Colorado. Connecticut. Hawaii. Idaho. Maine. Nebraska.
Bills of sale do not require notarization in the state of Illinois, but it is always an option.
No. An Illinois bill of sale is not required to register a vehicle. However, a bill of sale can be a helpful document. A title is required and you are not allowed to operate the vehicle with the plates on the vehicle at the time that it is sold as those belong to the seller.
An Illinois bill of sale is not required to register a vehicle. However, a bill of sale can be a helpful document.To register a vehicle in Illinois, you need to apply for registration and title on the vehicle. You can use a bill of sale along with the proper VSD form depending on your needs.
Car Registration. You must have your car registration when selling your vehicle. Notice of Sale Form. You will need to advise the Illinois Secretary of State that you have sold your car. Odometer Disclosure Statement Form. Vehicle History Report.
