Illinois Power of Attorney for Sale of Motor Vehicle

State:
Illinois
Control #:
IL-P0100
Format:
Word; 
Rich Text
Instant download

Description

This is a limited power of attorney authorizing your agent to execute a bill of sale, title and other documents in connection with the sale of a motor vehicle. This form contains a state specific acknowledgment. This form allows your agent to do all things necessary to sell or transfer property, including the execution of a bill of sale, title, odometer statement, request for release of liens and other documents and to receive all funds from the purchase of the same.

How to fill out Illinois Power Of Attorney For Sale Of Motor Vehicle?

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FAQ

Transferring ownership of a car in Illinois requires you to have the title signed over to the buyer and to complete the power of attorney if applicable. You'll also need to fill out a title application and submit it to the Illinois Secretary of State's office. Utilizing a platform like USLegalForms can guide you through the process of preparing the documents needed, including the Illinois Power of Attorney for Sale of Motor Vehicle, to facilitate a smooth transfer.

When you're ready to have the title transferred, make sure the agent signs the title or deed in their capacity as your agent. They should sign either: a) Jane Smith principal's name, by Sally Stevens agent's name under Power of Attorney, or b) Sally Stevens, attorney-in-fact for Jane Smith.

Finally, the power of attorney document requires the principal's notarized signature and at least one witness to be effective. Please note, according to Section 3-3.6 of the Illinois Power of Attorney Act, the requirement of at least one witness's signature applies to agencies created after June 9, 2000.

Most states do not require a POA to be in writing in order to be effective, except in specific cases established by statute.As a result, most POAs can be executed electronically with or without authorization under the eCommerce laws, since there is no writing or signature requirement to begin with.

It is governed by the Illinois Power of Attorney Act.He or she must also act in accordance with the law and with the directions in this form. Your agent must keep a record of all receipts, disbursements, and significant actions taken as your agent.

What Do You Need To Transfer A Car Title In Illinois? If you're registering a car in Illinois from another state, you'll need the original title and registration, an Application for a Vehicle Transaction, and proof of residency. If you have a lien on the car, you'll need a copy of the title and the bill of sale.

In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.

Where Do I Sign an Illinois Title? Sign on the front of the title on the lower left side where it is marked "Signature(s) of Seller(s). Print your name on the front of the title above Printed Name(s) of Seller(s). Remember to always sign your title in blue or black ink.

Make sure you receive the completed title from the seller. Complete the Application for Vehicle Transaction(s). Obtain and complete the Private Party Vehicle Tax Transaction form, which can only be found at a local SOS office. Pay the $95 title transfer fee. Name changes: $15 per name.

While laws vary between states, a POA can't typically add or remove signers from your bank account unless you include this responsibility in the POA document.If you don't include a clause giving the POA this authority, then financial institutions won't allow your POA to make ownership changes to your accounts.

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Illinois Power of Attorney for Sale of Motor Vehicle