Bill of Sale Requirements in Illinois
Illinois Bill of Sale Requirements
In Illinois, a bill of sale is not required for title transfers. However, it if highly suggested that you complete one anyway when you are making a vehicle sales transaction. A bill of sale is a document recording the sale of property between one person and another. Commonly, it's used to commemorate the sale of a car, and beyond state requirements, is useful as a record for tax purposes, plus it protects the seller in the event that the buyer fails to register the car or later abandons it.
What is on a Bill of Sale for a Car in Illinois?
There is no official Illinois bill of sale form. You may create your own. In general, a bill of sale should include the following:
- The buyer and seller's:
- Current addresses.
- Phone numbers.
- Sale price of the vehicle.
- Odometer reading.
- The vehicle's:
- Vehicle identification number (VIN).
Generic Bill of Sale
To assist you in finding a form, we provide a free, printable bill of sale form for your use.