Exceptions to this requirement include unpowered vessels like kayaks, vessels documented with the U.S. In Illinois, you must have a registration, Certificate of Number, Certificate of Title, and the proper decals to legally operate a vessel on public waters. Using our service, you can even complete and digitally sign your document for convenience. If you are looking for a reliable vehicle bill of sale template, you can download the one created by PandaDoc. The vehicle make, model, year, color, VIN, and odometer reading.The buyer’s name and contact information.The seller’s name and contact information.But, that doesn’t mean you can’t create your own as proof of the transaction to protect your interests.Īny vehicle bill of sale template or document you create should include the following information: Illinois doesn’t require a bill of sale and the state doesn’t have a standardized form for one. If you are moving from out-of-state and registering your vehicle in Illinois, you must submit a complete Tax Form RUT-25. When you register a vehicle in Illinois, you’ll need the following documentation:įor private party sales, buyers must submit a completed Tax Form RUT-50. In some cases, you can begin and even complete most of the process through the state’s Electronic Registration and Title (ERT) System. You can print and complete the Application for Vehicle Transaction(s) (VSD-190) online, or you can visit your local Driver Services offices to complete the process. After Purchasing a VehicleĪfter you purchase a vehicle in Illinois, you have just seven days to register it with the Secretary of State Vehicle Services Department (VSD). For junked vehicles, this is the only acceptable bill of sale form. If the owner of a vehicle has lost the title or plans to send it to a salvage yard, the state of Illinois requires that they submit a Junk Vehicle Notification Form ( Form VSD-325) along with a properly assigned Certificate of Title, Certificate of Purchase, or Salvage Certificate. Unless you are going to submit a bill of sale form to the state to prove ownership, you only need two copies - one for the buyer and one for the seller. The Illinois Secretary of State Driver Services recommends that you write and submit your bill of sale form in English. Additional Considerations Language Requirements A bill of sale can provide the documentation required to accomplish this. Some buyers and sellers might want to use their vehicles for business or tax purposes. Likewise, a seller can prove that they aren’t liable for costs associated with vehicle abandonment or other wrongdoing after the date of sale. It’s also good for your records.Īs a buyer, you can use a bill of sale to prove that you don’t owe fines, parking tickets, or weren’t responsible for an accident that took place before the date of sale. More than anything, a bill of sale gives both buyer and seller legal protection and proof of the transaction. Why Use One?Įven though you don’t have to use a bill of sale in Illinois under most circumstances, there are benefits to using this document and having it on hand. But, if you are new to the state and want to register a vehicle with an out-of-state title, you’ll need to submit either that title or proof of ownership, which could include a bill of sale. You aren’t required to have a bill of sale in Illinois when you register a vehicle that was purchased from an individual or in-state dealer. In-person signatures are always valid, but you can also use PandaDoc to obtain a legal digital signature. Signature/Certification: The signature of the seller and/or buyer.As-is: Indicates that the item was sold as-is and without any warranties.Description: A description of the property being sold, including make, model, year, and VIN.Sales tax: Indicates whether or not sales tax was collected and how much.Price: The price paid for the property.Date of sale: The date that the sale took place.Buyer: The person or party that is taking possession of the property in exchange for consideration.Seller: The person or party that is releasing the property.
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