An Illinois Affidavit of Title — Bill of Sale is a legal document that is used when transferring the title of a vehicle from one party to another in the state of Illinois. It serves as proof of ownership and is required to be submitted to the Illinois Secretary of State for vehicle registration. The document outlines the details of the transaction such as the purchase price, the make, model, and year of the vehicle, as well as the names and contact information of the buyer and seller. There are two types of Illinois Affidavit of Title — Bill of Sale: an Original Bill of Sale or a Duplicate Bill of Sale. An Original Bill of Sale must be completed in the presence of a Notary Public or other qualified witness and is usually used for new vehicles. A Duplicate Bill of Sale is used when a vehicle has already been sold or traded and the Original Bill of Sale is unavailable.
Illinois Affidavit of Title - Bill of Sale
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How to fill out Illinois Affidavit Of Title - Bill Of Sale?
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How Do I Write an Illinois Bill of Sale? The printed legal name of the buyer and seller. The date the bill of sale was created. Descriptive information about the item being sold. The amount of money the item was sold for. The signatures of the parties.
Do I need to have my vehicle bill of sale notarized in Illinois? No, having a vehicle bill of sale notarized in Illinois is not required. However, notarizing it can provide extra legal protection for both the buyer and the seller.
Any vehicle bill of sale template or document you create should include the following information: The seller's name and contact information. The buyer's name and contact information. The vehicle make, model, year, color, VIN, and odometer reading. The date of the sale. The purchase price. Signatures of both parties.
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. It's the final step in the process and proves that the buyer is the legal owner.
2. Illinois Car (Vehicle) Bill of Sale The seller's name and contact information. The buyer's name and contact information. The vehicle make, model, year, color, VIN, and odometer reading. The date of the sale. The purchase price. Signatures of both parties.
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.
How do I apply for a Bonded Title with the Secretary of State? 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. Complete a Motor Vehicle Use Tax Return form.
The signatures and printed names of both registered owners are required to sell the vehicle. ThenMoreThe signatures and printed names of both registered owners are required to sell the vehicle. Then you enter in the date of sale. Then the buyer signs and prints their name or names on the last line.