Chicago Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale

• Category: Illinois Bills of Sale - Automobiles
• State: Illinois
• Control #: IL-00431B
• Format: Word; Rich Text

Description

This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale. The Chicago Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to record the transfer of ownership of a motor vehicle between a seller and a buyer in the state of Illinois, specifically in the city of Chicago. This document includes important information regarding the sale and the condition of the vehicle being sold, as well as a statement regarding the odometer reading of the vehicle. The Bill of Sale is crucial for both the seller and the buyer as it serves as proof of the transaction and provides a record of the agreed upon terms. By signing this document, the seller states that they are legally authorized to sell the vehicle, and the buyer acknowledges that they are purchasing the vehicle in its current state, often referred to as an "as-is" sale. This means that the seller makes no warranties or guarantees regarding the condition or functionality of the vehicle. In addition to the general terms and conditions of the sale, the document includes specific details about the vehicle, such as the make, model, year, VIN (Vehicle Identification Number), and license plate number. It also requires the seller to provide a disclosure about any known defects or issues with the vehicle. Regarding the odometer reading, the Odometer Statement section of the document requires the seller to certify that the odometer reading is accurate and reflects the true mileage of the vehicle at the time of the sale. This is important information for the buyer to determine the vehicle's condition, as well as for future maintenance and insurance purposes. It is important to note that there are different versions of the Chicago Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale depending on the specific circumstances of the sale. For instance, there may be separate versions for sales involving an individual seller versus a dealership, or for sales of used cars versus new cars. Therefore, it is essential to use the correct version that corresponds to the specifics of the transaction. Keywords: Chicago, Illinois, Bill of Sale, Automobile, Odometer Statement, As-Is Sale, transfer of ownership, motor vehicle, seller, buyer, transaction, terms and conditions, as-is, warranties, guarantees, vehicle details, make, model, year, VIN, license plate number, defects, disclosure, odometer reading, accurate mileage, individual seller, dealership, used cars, new cars.

The Chicago Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legal document used to record the transfer of ownership of a motor vehicle between a seller and a buyer in the state of Illinois, specifically in the city of Chicago. This document includes important information regarding the sale and the condition of the vehicle being sold, as well as a statement regarding the odometer reading of the vehicle. The Bill of Sale is crucial for both the seller and the buyer as it serves as proof of the transaction and provides a record of the agreed upon terms. By signing this document, the seller states that they are legally authorized to sell the vehicle, and the buyer acknowledges that they are purchasing the vehicle in its current state, often referred to as an "as-is" sale. This means that the seller makes no warranties or guarantees regarding the condition or functionality of the vehicle. In addition to the general terms and conditions of the sale, the document includes specific details about the vehicle, such as the make, model, year, VIN (Vehicle Identification Number), and license plate number. It also requires the seller to provide a disclosure about any known defects or issues with the vehicle. Regarding the odometer reading, the Odometer Statement section of the document requires the seller to certify that the odometer reading is accurate and reflects the true mileage of the vehicle at the time of the sale. This is important information for the buyer to determine the vehicle's condition, as well as for future maintenance and insurance purposes. It is important to note that there are different versions of the Chicago Illinois Bill of Sale of Automobile and Odometer Statement for As-Is Sale depending on the specific circumstances of the sale. For instance, there may be separate versions for sales involving an individual seller versus a dealership, or for sales of used cars versus new cars. Therefore, it is essential to use the correct version that corresponds to the specifics of the transaction. Keywords: Chicago, Illinois, Bill of Sale, Automobile, Odometer Statement, As-Is Sale, transfer of ownership, motor vehicle, seller, buyer, transaction, terms and conditions, as-is, warranties, guarantees, vehicle details, make, model, year, VIN, license plate number, defects, disclosure, odometer reading, accurate mileage, individual seller, dealership, used cars, new cars.