Illinois Bill of Sale is an important document that transfers legal ownership of personal property of some kind, which can be transferred from one person to another. In the Illinois Bill of Sale document the person known for taking possession of the property is known as the buyer. The Illinois Bill of Sale also tells the person giving their interest away as a seller. As per the Illinois Bill of Sale the property may be exchanged for money, traded items, or other items of value. In the Illinois Bill of Sale document it is important that you and the other party involved keep one or two copies extra as a record. It is important because the document changes the ownership.
Illinois Bill of Sale Forms
The Illinois Bill of Sale forms are available in many types that will solve many different purposes of having an Illinois Bill of Sale. Let’s have a look at the various types of Illinois Bill of Sale.
Illinois Abandoned Vehicle Bill of Sale
The Illinois Abandoned Vehicle Bill of Sale explains as per the section 32-13-4 if a vehicle has been abandoned and towed the owners must be given at least thirty days’ notice before being sold.
Illinois Firearm Bill of Sale
The Illinois Firearm Bill of Sale is for any type of gun, which includes pistols, rifles etc.
Illinois General Bill of Sale
The Illinois General Bill of Sale is for any personal property such as bicycle, equipment, trailer, animal etc.
Illinois Motor Vehicle Bill of Sale
The Illinois Motor Vehicle Bill of Sale is used to transfer the ownership of a vehicle. The new Vehicle owner must register the vehicle within twenty (20) days or extra penalties/fees shall be charged.
Illinois Vessel/Boat Bill of Sale
The Illinois Vessel/Boat Bill of Sale is for any purchase and sale of a boat. The new owner must tag and register within 15 days from the sale date.
Illinois DMV Bill of Sale
The Illinois DMV Bill of Sale document is responsible for issuing motor vehicles, and maintaining registration information.
Illinois Property Bill of Sale
Illinois Bill of Sale includes purchase and sale of properties and other details related to the property.
So, the Illinois Bill of Sale can be used to officially record the sale and purchase of any item, such as a car, boat, firearm or any other personal property. Once the form is filled and signed by both the parties ownership is finally transferred to the buyer. So, being in Illinois or any nearby area it is crucial to know all about the Illinois Bill of Sale that is important from the official point of view and also makes it easier for both the parties to make the agreement.
The many types of Illinois Bill of Sale are available online and can be easily viewed and searched by anyone and from anywhere in Illinois. So, do not worry, as you will get all the relevant information about the Illinois Bill of Sale in this article.