Illinois Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation

State:
Multi-State
Control #:
US-OG-099
Format:
Word; 
Rich Text
Instant download

Description

If an operator elects to abandon wells, a landowner may want to take the wells over, to continue to produce them, or convert them to some other use. This form provides for a transfer of the equipment in exchange for the assumption of the obligation to plug the well(s).

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How to fill out Bill Of Sale For Equipment In Consideration Of Buyer Assuming Plugging Obligation?

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FAQ

An Illinois general bill of sale is a legal document that would usually be used for the sale, purchase, or trade of any personal property between two (2) private parties. It serves as proof that the item(s) was properly sold and purchased. It also proves the change of ownership. This document will require notarization.

Illinois Car (Vehicle) Bill of Sale 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.

Complete and mail the Notice of Sale form (attached to the bottom of the title) to the Secretary of State's office. If the title does not contain a Notice of Sale form, it may be down- loaded at ilsos.gov. Request the buyer's name and address in case there are title or registration problems after the sale.

An Illinois Bill of Sale is a form used to document the sale of personal property in Illinois legally. It protects both the buyer and seller in the event of a legal dispute in Illinois, so both parties should keep a copy of the document for their records.

Proof of Temporary Registration For Private Party Purchase - A person who purchases a vehicle from a private party without the services of a dealer or remittance agent may legally operate the vehicle for a 24-hour period with possession of the title for transit to an agent or a Secretary of State facility.

Illinois Trailer/RV Bill of Sale If your RV is the driveable type, you will follow the instructions for registering a motor vehicle. You don't have to have a bill of sale for a trailer, but it's still a good idea.

Purchasing from a Private Owner If a vehicle is purchased from someone other than a dealer, within 20 days of purchase the Secretary of State's office must receive the following: Application for Vehicle Transaction(s). Properly signed Certificate of Title in the seller's name. Payment of title/license plate fees.

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Illinois Bill of Sale For Equipment in Consideration of Buyer Assuming Plugging Obligation