Highlight In Legal Illinois Buy-Sell Forms For Free

An Illinois bill of sale form is used to record the details of a private sale between a buyer and a seller, including the transaction date, purchase price, and a description of the item. Certain transactions necessitate a bill of sale.

What You'll Need to Register your Vehicle in Illinois Completed Application for Vehicle Transaction (Form VSD 190) (available through the Electronic Registration and Title system or at SOS office; only valid for 7 days following online completion) Proof of Illinois residency. Proof of ownership.

You'll need the following as part of selling a car in Illinois, per the Illinois Secretary of State. Your vehicle title. You'll need a valid vehicle title to give to the buyer. ... Get a Notice of Sale form. ... Create a Bill of Sale for the buyer. ... Print out the Odometer Disclosure Statement for Title Transfers.

The form should include all aspects of the transaction including the full names of all parties, description of the vehicle being sold, and the purchase price amount. Once signed, the bill of sale becomes a legally binding contract.

The Title Transfer Process These documents include the title, the bill of sale, your identification, and proof of residence, such as an electric bill in your name. The rest of the process will be handled by our staff, and you will be able to take your documents home with the title in your name!

Even 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. More than anything, a bill of sale gives both buyer and seller legal protection and proof of the transaction. It's also good for your records.