Do You Need A Bill Of Sale For A Car In Illinois?

What states require a bill of sale for a car?

An automobile bill of sale or used vehicle bill of sale is like a receipt that proves you’ve transferred the car to the buyer.

A car bill of sale is not required in all states—as of 2018, one is not required in Alaska, Illinois, Michigan, Tennessee, and a few others..

What is required in a bill of sale?

A Bill of Sale typically includes: The full names and contact information of the buyer and seller. A statement that transfers ownership of the item from the seller to the buyer. A complete description of the item being purchased.

How long can you drive on a bill of sale in Illinois?

i) Section 3-801 of the Illinois Vehicle Title and Registration Law of the Illinois Vehicle Code [625 ILCS 5/3-801] provides a 24 hour grace period applicable only to vehicle sales between individuals to allow the buyer to drive the vehicle from the point of sale to the individual’s residence or to a facility to obtain …

Do you need a bill of sale to transfer title in Illinois?

Submit a completed Seller’s Report of Sale, Form VSD 703 to the Illinois SOS Vehicle Services Department. In Illinois, there is no official bill of sale, so you can make your own. It should contain the name, address and phone number of both the buyer and seller.

Does a bill of sale have to be notarized in Illinois?

These documents protect both the seller and buyer and in many cases make it possible to register items with the state when needed. … These forms also prove change of ownership. If a document requires notarization, do not enter signatures until all parties are before a notary public.

How do you write a bill of sale for a car in Illinois?

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. To describe the vehicle, you should document the make, model, and year of the vehicle; the VIN; the color; and the odometer reading.

What do you need to sell a car privately in Illinois?

Understand Your Legal Liability When Selling A Car In IllinoisObtain and fill out the Illinois Notice of sale form.Remove the license plates from the car. … Confirm that the buyer has a valid driver’s license.Confirm that the buyer has valid car insurance.move all personal identification from the car.More items…•

How much is a title transfer in IL?

Pay the $95 title transfer fee. There are other fees that may be assessed as well, including the following: Name changes: $15 per name. Duplicate title (if lost): $95.

What does a handwritten bill of sale look like?

When writing a bill of sale, be sure to include: The seller’s name and address. The buyer’s name and address. A description of the item being sold, including serial numbers, identification numbers, make, model, size, color, design, any distinguishing marks, features or faults [source: Cooper].

Does a bill of sale show ownership?

Vehicle Bill of Sale Keep in mind, however, that a bill of sale does not prove ownership — only a title transfer does that. A bill of sale is only a record that a sales transaction occurred between two parties.

Can you fake a bill of sale?

GOVERNING LAW: This Bill of Sale will be construed in accordance with and governed by the laws of the Province of Alberta. Most legal jurisdictions require that the Seller state the Mileage upon transfer of ownership. Failure to complete or providing a false statement may result in fines and/or imprisonment.