#Free printable notarized bill of sale driver

The Illinois Secretary of State Driver Services recommends writing the form in English. Other Considerations Language Requirements It is not required to have the document notarized however, doing so adds credibility to a document. The buyer and seller should keep copies of the document as proof of the transaction. Make, model, year, and Vehicle Identification Number (VIN).Vehicle sale price and when the final payment was made.Buyer’s and seller’s names, addresses, phone numbers, and signatures.Buyers and sellers can create their own with the following information: Since a bill of sale isn’t a legal requirement, Illinois doesn’t provide a form for buyers and sellers. Taxes are based on the model year of the vehicle if the selling price is less than $15,000 or on the selling price if it is more than $15,000. In Illinois, taxes must be paid on all vehicle sales. Maintaining a record with this information protects the seller if the buyer abandons the vehicle or fails to register and title it.Īdditionally, this document serves as a receipt for the buyer, as well as a helpful document that they can refer to when they are completing their taxes. Namely, it includes important information, such as the buyer’s and seller’s contact information, the date and location of the purchase, and the sale price.

Though Illinois does not require a bill of sale, there are benefits to creating and keeping one for your records. However, new Illinois residents who lease vehicles must submit out-of-state titles or other proof of ownership, such as a bill of sale, when they apply for a title and registration. 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. By detailing information about the animal being sold, you can protect yourself from fraudulent sales.Ĭheck out Illinois Horse Bill of Sale Illinois Vehicle Bill of Sale Requirements Use an Illinois horse bill of sale to record the transfer of a horse or pony in the state of Illinois.

Free printable notarized bill of sale