Illinois Bill of Sale for Motor Vehicles. The document states that a particular person, legally called the seller, sold a specific piece of property to another person, the seller, on a stated date, for a given amount of money or some other valuable property. when selling anything you will be required to provide the buyer with a bill of sale form which is used to substantiate the transaction the bill of sale form should be kept for your records in many cases you will be required to include this in your tax documentation oftentimes Bills of sale are available through your local government department that handles cars trucks boats or whatever vehicle you have chosen to … So, whether you’re a breeder or someone interested in the horse for racing purposes, you have to get the BOS for horses. Enter a brief description of the agreed terms of the trade, Date the signatures in dd/mm/yyyy format at the top of this section, Make copies of the completed document to provide to all who signed for their records. Illinois 14. Seller’s Report of Sale Secretary of State Vehicle Services Department Record Inquiry Section 501 S. Second St., Rm. To sell a used and working vehicle in Illinois, you have to get a free Illinois bill of sale form then populate it with information about the vehicle. The vehicle's: Vehicle identification number (VIN). General Bill of Sale Template. Please be aware that our agents are not licensed attorneys and cannot address legal questions. Using the BOS form for the sale of the horse, you have to indicate the names of the buyer and the seller. Colorado 7. In general, a bill of sale should include the following: The buyer and seller's: Names. To sell a used and working vehicle in Illinois, you have to get a free Illinois bill of sale form then populate it with information about the vehicle. Current addresses. By. North Carolina 34. A bill of sale is also known as a sales receipt, sales slip, proof of payment, or proof of sale. General Bill of Sale Form template is an example of regular bill which helps to keep the legal document stating the purchase and transaction between a seller and a buyer. Nevada 29. Here are the rules when issuing a Bill of Sale: Always provide personal information. A bill of sale is a document used in the transfer of an item's ownership from the person selling it (the Seller) to the person purchasing it (the Buyer). Signatures. Illinois Vehicle Bill of Sale; Illinois Boat Bill of Sale; Illinois Gun Bill of Sale; 1. But, all the documents have some details in common: Names of the seller(s) and buyer(s) as registered by the state in the state identification and the driver’s license, State identification numbers and the driver’s license numbers. What this means is that you need to input the vehicle’s identification number, the model, make, odometer reading and the year, besides the names, addresses, and the state ID numbers or the driver’s license numbers of the seller and the buyer. Home Illinois Buying Selling Autos Bill Of Sale Form. Indiana 15. The state recognizes the seller and the buyer as parties to the BOS, and it also recognizes different types of proof of sale documents. This document will require notarization. Since the seller initiates the BOS, it’s also a requirement to state whether you include the title or not. The Illinois General Bill of Sale a legal document that would usually be used for the sale, purchase or trade of any personal property between two private parties. The date the BOS is created as well as the date that the payment for the vehicle is made or expected to be made should be indicated in the BOS; this is crucial when the BOS is created on a different date and the payment completed on a different date. William Lee Enyart, Jr. (/ ˈ ɛ n j ɑːr t /; born September 22, 1949) was the U.S. Representative for Do not enter any signatures before all parties are present to sign the document before a notary public. – Name and address of the buyer. So, what would you want to use a BOS for? An Illinois general bill of sale should be signed and dated by both the buyer and the seller. It can't be used in transferring intellectual property or real property. Whether you’re the buyer or the seller, you’ll want to know the information of the other party in the event that there are problems with the items being sold. The following information should appear on the Illinois Bill of Sale Form: – Name and address of the seller. It is, however, an important provision as it informs the buyer of any defects known by the seller. If the first box is checked, the seller will accept only monetary payment – Enter the worded dollar amount, Specify the date as to when the parties have agreed that payment will be due and made payable, in mm/dd/yyyy format, Enter the date in which the document will be known, in mm/dd/yyyy format, If the parties have agreed that payment will be made payable at a later date, enter the date –  mm/dd/yyyy format, Other – If different negotiations have been agreed upon by the parties, enter a description of the final acceptable terms (if additional room is needed add a sheet and attach it to the form, Check the box if the item(s) are being provided as a gift to the “buyer”, The last box in this section will address a trade. The state of Illinois also has provisions for the creation and the use of a bill of sale when dealing with junk vehicles. North Dakota 35. The undersigned buyer accepts receipt of this Bill of Sale and understands that the above vehicle is sold in “as is” condition with no guarantees or warranties, either expressed or implied, for the vehicle. Maryland 21. Completing the Bill of Sale. Step 1 – Seller and Buyer Information – Enter the following information on the form : Step 2 – Property Details – Enter a description of the property being sold and purchased on the line in the form as follows: Step 3 – Trade/Purchase Price – Check the boxes that apply and provide additional information (if needed): Step 4 – Seller’s Disclosure – The seller must read all statements in this section and enter any defects that may be known in the line provided. This form, which should be completed in full will have the name of the junk vehicle owner, their physical address – city and zip code, the buyer’s legal name, and a statement indicating if the vehicle is being sold or gifted. Illinois law does not require a vehicle bill of sale, which is a legal document that acts as a receipt and shows when ownership of a car switched hands, when it is purchased from an in-state dealer or individual. Edit, fill, sign, download Firearm Bill of Sale Template online on Handypdf.com. Year. Arkansas 5. A real estate bill of sale is a type of bill of sale that is used for the completion of the transaction involving the selling or purchasing of real estate. Louisiana 19. Real Estate Bill of Sale is a document used to transfer the ownership of the Real-estate from one individual to another. New Mexico 32. Be as specific as possible including make, model, color, serial number, etc. Signature of Authorized Member or Manager. Once that is completed, if the seller is before a notary public, they may sign in the “Seller’s Signature” line. Alabama 2. You have to give its serial number, its make, model, year, and the size. What this means is that you need to input the vehicle’s identification number, the model, make, odometer reading and the year, besides the names, addresses, and the state ID numbers or the driver’s license numbers of the seller and the buyer. This will serve as proof that the item(s) have been properly sold and purchased and will prove the change of ownership. New Jersey 31. Once done with the description, you have to indicate the price of the item in words first then in numbers. It has all the necessary information. For it to be deemed complete, this document must be signed and dated by the seller and the buyer. Ohio 36. Kentucky 18. Your Bill of Sale will be customized for . The State of Illinois doesn’t require a Bill of Sale because it’s not mandatory but it is recommended. Day-to-day bills of sales come in many forms and can be as minor as a receipt for a pack of gum, or as major as a record of a large, and expen… This is their name and mailing address. Other unique descriptive characteristics are also necessary. All warranties of quality, fitness, and merchantability are hereby excluded. You may create your own. August 23, 2013 billofsale Illinois Leave a comment. At the same time, it should be stated whether the item is given as a gift as should the terms of trade for the BOS’ validity. You are also required to complete the Notice of Sale form that is attached at the bottom of the title and mail it to the secretary of state of Illinois. Florida 10. This bill of sale template uses general language that you can easily adjust to sell any type of item. It should also name the seller and buyer, and include their addresses. Free Legal Documents, Contracts and Forms. California 6. Iowa 16. For example, if selling a laptop, the color isn’t all you need. BILL OF SALE VEHICLE INFORMATION Make: _____ Model: _____ Year: _____ Style: _____ Color: _____ VIN# _____ Our support agents are standing by to assist you. All rights reserved. A Bill of Sale acts as a sales contract documenting the sale of the vehicle. Note: that even though the state (Illinois Secretary of State) doesn’t make it mandatory to prepare a buyer’s disclosure, it’s a wise move to incorporate the disclosure for your protection if a lawsuit arises following the sudden breakdown of the car. This will serve as proof that the item (s) have been properly sold and purchased and will prove the change … A bill of sale, a document that has been used for centuries to process the sale of branded animals like horses or used cars, guns and boats, refers to a legal contract that keeps records of sale. IN WITNESS WHEREOF, Seller has caused this bill of sale to be signed in its name by an Authorized Member or Manager this: day of , Day . The form should also be populated with details such as the year, vehicle identification number, its make and the model. We provide information and software and you are responsible for appropriately using this material. General Bill of Sale; Motor Vehicle Bill of Sale ... August 23, 2013 billofsale Illinois Leave a comment. Connecticut 8. Illinois Bill of Sale of personal property form is used for buying and selling a personal property which is of. The form will also hold information about the purchase price and the security deposit. Describe the Personal Property to be sold or assigned, including make, model, and color. For an Illinois bill of sale for a working motor vehicle, you'll need the legal name, physical address, and driver's license or state ID number of both the buyer and the seller. Phone numbers. 1. Month . forms.legal is not a law firm and cannot provide legal advice. It contains all pertinent information regarding the sale, including contact information for the buyer and seller, warranty information (if applicable), date, time, the price paid, and other pertinent information of the transaction. Illinois Vehicle Bill of Sale. Missouri 26. Odometer reading. Generic Bill of Sale Georgia 11. In Illinois, when you sell a car, you are required to remove the license plates and submit a valid title to the buyer that is signed and dated. Disclaimer. You should also have the buyer sign a Bill of Sale. Download Now. Communication between you and forms.legal is protected by our Privacy Policy and not by attorney-client privilege. Montana 27. Kansas 17. And, if the vehicle exchanges hands as a gift to the named buyer, you have to state this, as you should when the BOS formalizes a trade. A bill of sale is a basic agreement for the sale of goods in private sales. There is no issued DMV bill of sale form in the State of Illinois. A general Bill of Sale is a written proof of the transfer of possession of a property between two parties, one party is the one selling it, and the other is the one buying it. Idaho 13. If you are looking for a Bill of Sale for your house, then you are in the right place. Therefore, a purchase and sale agreement for a vehicle must be drafted by the parties involved. It’s also important to indicate the vehicle’s purchase price. © 2020 Electronic Forms LLC. A bill of sale refers to a record of a sale which states that an item was sold by a particular seller at a specific place, on a specific date, and for a certain amount of money. For this reason, some states require notarization of the document. So, if you’re gifting or selling a junk car, you have to use the Illinois Junk Vehicle BOS VSD 658 form. Free Download. The Illinois General Bill of Sale a legal document that would usually be used for the sale, purchase or trade of any personal property between two private parties. If services are involved (such as woodworking, babysitting, business consulting, etc. Printable and fillable Firearm Bill of Sale Template Describe the animal being sold or assigned including breed, and in the case of horses or cattle, state the brand or other distinctive mark. Delaware 9. The basic Word template includes a space for the buyer and seller names, transaction date, description of the goods being sold, and the amount paid. There is no official Illinois bill of sale form. All details should be entered into the bill of sale such as: the Purchase Price, Serial Number (if any), Information about the Parties including Identification, or any other verification method for the individuals involved with the trade. Why Do You Need a Bill of Sale? Michigan 23. If you decide to write your own bill of sale, make sure to include the following information: Date of sale; Cost of vehicle purchase; Your full name and address; Buyer's full name and address There are two primary reasons why you want to secure a Bill of Sale in Illinois when purchasing or selling a car: 1. Our mission is … Make. Oklahoma 37. A bill of sale should be used when transferring ownership, not when performing services. Hawaii 12. It should identify the vehicle’s make, model, year, body type, color, VIN, purchase price, and date of sale. Alaska 3. 408 Springfield, IL 62756 www.cyberdriveillinois.com This space for use by Secretary of State. Nebraska 28. The document should have the name of the day it’s created. Once signed, the bill of sale becomes a legally binding contract. Model. If a trade is involved, the items of the trade should be indicated and described in detail. Include serial numbers if available. This document will have all the details of the sale: the information of the seller and the buyer, as well as specifics of the horse. Create a high quality document online now! Sale price of the vehicle. Describe the Furniture to be sold or assigned, including make, model, and color. Your use of this site is subject to our. The Illinois bill of sale form approves the exchange of a financial consideration for an item of property into a text register. Note that information from the pre-sale vet examination will be necessary too. The contract lists the critical factors of the transaction such as the relevant information on the buyer, seller, item, and sale terms. Year . New York 33. bill of sale. formscdn.com. For the sale of a horse, the document is only final if its completion and signing takes place in and is acknowledged by the notary public. To sell a horse, also called a branded animal, you need a BOS, the legal document that transfers the ownership of the horse from the seller to the buyer. Name of Authorized Member or Manager 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. Include serial numbers if available. Step 5 – Signatures – Provide the following information as shown on the form: Step 6 –  Notarization – As the notary has identified all of the signing parties by current ID and witnessed all signatures, the notary will then complete the remainder of the form, and shall affix their state seal. Bill of Sale Form Guidelines. Both seller and buyer should fill out all information on the bill of sale and retain a copy of the signed bill of sale … Any other terms of sale should be explained in the free bill of sale form in Illinois. The Illinois General Bill Of Sale app may be used for a wide variety of sales transactions in the State of Illinois: people can sell their goods, exchange them, give them as gifts or mortgage them to get a loan. New Hampshire 30. Note this: since the document comes to life in official cases like the registration of cars and boats, it must conform to the regulations set in Illinois. The Illinois Motor Vehicle Division does not offer a standard bill of sale form that you can fill out. You should describe the name of the lender, the current amount as well as any terms of the loan, lien or encumbrance such as interest rate, payment terms, etc. Different states have different rules and regulations. Through a buyer’s disclosure, the buyer is aware of the vehicle’s potential mechanical issues and any other issues that the car may have. Create a bill of sale for the purchaser and make a copy for yourself. It’s also necessary for the vehicle’s current owner to sign an affirmation to prove that the vehicle doesn’t have an outstanding lien and that they have the legal rights to give the buyer the certificate of title even if the title got lost. A bill of sale (BOS), therefore, confirms the transfer of title and ownership of the property while serving as evidence of the contract. Does the have a loan or lien that will not be paid by the Seller and will be the responsibility of the Purchaser? Here you will find some samples which are perfectly suited for your need. Mississippi 25. ), it's a better idea to use a general contract for services. Endorsements will indicate the conclusion on the purchase from the involved parties. Your needs in mind, we have free bill of sale forms accessible to all the residents of Illinois at no cost. General bill of sale, with installment payments Date of Sale: March 7, 2009 This letter constitutes the entire agreement between Joe Smith (the Seller), and John Smith (the Buyer) for the sale … Speaking of payments, you need to pay attention to the acceptable system for the documentation of payments – the price of the vehicle on sale should be stated in words first and then in numbers. Oregon 38. Maine 20. As the largest title agency in Illinois, Greater Illinois Title Company provides a single point of contact for all title and closing related services. If other terms and conditions of sale exist, they should be explained as part of the sale. A General Bill of Sale Form is a legal document that transfers ownership of a valuable in exchange for monetary funds. The state of Illinois doesn’t require the inclusion of a seller’s disclosure when creating general proof of sale document. Massachusetts 22. Dated signatures of the seller and the buyer are also important, and they should be in print. Describe the Equipment to be sold. Signature lines are at the bottom of the template. Arizona 4. Minnesota 24. Besides the full names of the seller and the buyer, the state ID numbers, the driver’s license numbers, and the full physical addresses, you will need the specific details of that piece of furniture, TV, laptop, or any other kind of personal property or your household items. In the section with the description of the horse, you (the seller) has to give information about the name of the horse, their gender, the breed, date of birth, the registration number, and any other unique descriptions of the horse. This document should be signed by the buyer, and it should be dated. Sample General Bill of Sale Template. We also suggest securing a Illinois bill of sale to properly document the sale including the sales price, condition of the car, and hold harmless language to protect the buyer and seller. General Bill of Sale Form 17 Document(s) Recreational Vehicle (RV) Bill of Sale 4 Document(s) DMV Bill of Sale Form 2 Document(s) ATV Bill of Sale 4 Document(s) Motor Vehicle Bill of Sale 6 Document(s) Trailer Bill of Sale 3 Document(s) Manufactured Home Bill of Sale 3 Document(s) Livestock Bill of Sale 4 Document(s) Cat Bill of Sale 2 Document(s) Illinois Junk Vehicle Bill of Sale Form. What is on a Bill of Sale for a Car in Illinois? 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