An Illinois Boat Bill of Sale is a document you fill out when selling or buying watercraft in the state of Illinois. This absolutely free Illinois Boat Bill of Sale documents the reassignment of ownership of a used watercraft from the owner to the purchaser. Once completed, if you are before a notary, enter your signature in the “Seller’s Signature” line. Illinois Boat Bill of Sale. Boat (Vessel) Registration Forms. Download Free Illinois Bill of Sale Forms. Such a bill of sale is needed to confirm a party's ownership in the boat, which is often needed when trying to obtain insurance or otherwise proving ownership. A bill is to be prepared when selling a boat or the vessel to a person. The bill shall contain the required information along with the signatures of the parties in the presence of the notary is required. This form below is designed for use on upon the sale of a boat or vessel. You are able to print the bill of sale and promptly write the required information in the blanks. In Illinois, a bill of sale is not required for title transfers. – Complete vehicle description, including Vehicle Identification Number (VIN), make, model, year. Once you know the amount of sales tax to be paid, send a check payable to the Illinois Department of Revenue. © 2021 BillofSale.net - All trademarks and logos are the property of their respective owners, Illinois Motor Vehicle (Secretary of State) Bill of Sale, Payment Type – Single or Downpayment with the balance at a later date, Condition of Boat – Seller must disclose any defects. Illinois Bill of Sale Requirements. Do not provide signatures until all signatories are before a notary, have been identified and then signatures may be entered. A bill of sale is a document recording the sale of property between one person and another. Where to Register – If you have a boat that is registered in another state, you will have 60 days to register your boat. Create a high quality document online now! Step 5 – Signatures – Enter the following before a notary public: Step 6 – Notarization – Once the notary has witnessed all signatures, he/she will then complete the remainder of the form, and shall affix their state seal. Illinois Boat Bill Of Sale PDF Preview. Free Illinois Boat Bill Of Sale PDF Download Available for Download in PDF Format. Fill out, securely sign, print or email your illinois watercraft form instantly with SignNow. It is best for the purchaser to make sure the titles are clean and their are no liens pending. It is best for the purchaser to make sure the titles are clean and their are no liens pending. Available for PC, iOS and Android. The State of Illinois doesn’t require a Bill of Sale because it’s not mandatory but it is recommended. Seller’s Report of Sale Secretary of State Vehicle Services Department Record Inquiry Section 501 S. Second St., Rm. “Boat” or “vessel” means every description of watercraft (i.e. Rev.08/30/13 BILL OF SALE FOR A VESSEL/TRAILER This is to certify that I/We have sold the following listed vessel, trailer and/or outboard motor to: If there are defects with the vessel/boat, disclose them by description on the line provided – if more space is required, add a sheet and attach it to the form. Boat Bill of Sale; Artwork Bill of Sale; Home. The Illinois Boat Bill of Sale is a legal document that is utilized between a dealership and individual or two individuals for the sale and purchase of a vessel. (Yes or No), Will an Outboard Motor be included with the Sale? You should attach a copy of the bill of sale as proof of the purchase price. If the sale includes a trailer or motor, you’ll want to include that information in the document as well. Needed to Register – Collect the following documents: Write a separate check in the amount of your registration fees payable to the Department of Natural Resources. Illinois Bill of Sale of Boat / Vessel (Sold with Warranty) Instant Download - Only $9.99 Professional MS Word & PDF formatting Fully editable & reusable Lifetime updates ; Accuracy guarantee ADD TO CART About this Form: A bill of sale is a written agreement by which one party assigns or transfers its rights or interest in property to another party. Professionally Drafted 5-Year Business Plan. Illinois . It is best for the purchaser to make sure the … A motorized boat must be registered within 15 days of purchase in the state of Illinois. A completed Illinois Watercraft Registration and Title Application. A notice of sale is a document used in real property to give notice of default proceedings. A receipt or invoice contains just the basics: purchase price, brief description, and date of sale. These vehicles can be very expensive. Payment for the necessary title and registration taxes and fees. Illinois Bills of Sale. This form represents a legal document {Hereinafter referred to as the “Bill of Sale”} .div1 for the transfer of a vessel between: Whether you giving or receiving cash for an item, you want proof of the transaction in the event someone makes a claim against ownership (if you are the buyer) or if someone is injured by or on the trailer (if you are the seller). Seller’s name (print)_____ Seller’s signature_____ Boat Bill of sale for Illinois. There are currently 1,574 boats for sale in Illinois listed on Boat Trader. This Illinois Bill of Sale PDF Template is a simple, but an effective document that can be used by anyone who intends to sell a personal property such as a TV, furniture, or a motor vehicle, with the legal proof for conveyance or transfer of ownership to the buyer. A watercraft bill of sale is like a fleshed-out receipt. used or capable of being used as a means of transportation on water, except a seaplane on the water and a fishing raft. An Illinois bill of sale for a boat should document whether compensation will be made using some form of money (such as cash, money order, or a cashier's check), a trade, or a combination of the two. Add information that you feel should be included in the form. If you are the seller, a simple bill of sale may protect you from future legal disagreements, especially when you are trying to avoid any liability for a traffic violation committed upon the sale of the vehicle. 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. The most secure digital platform to get legally binding, electronically signed documents in just a few seconds. The form can be completely customized using an appropriate document editing software. The Illinois boat bill of sale is a legal form that details a transition of ownership between a buyer and seller. $19.99. Fill-in the vessel bill of sale document by entering the following information into the form: When signing the document, it is always recommended to elect having a witness or notary public view the signatures. $199.99. © 2020 Electronic Forms LLC. In Illinois, a bill of sale is not required for title transfers. Illinois Bills of Sale. Boats in Illinois. Do not confuse a bill of sale with a notice of sale. The Illinois boat bill of sale is also needed to obtain boat insurance. Date: . ILLINOIS BOAT TRAILER BILL OF SALE FORM. Free Download Illinois Boat Bill of Sale (pdf, 90KB) and Customize with our Editable Templates, Waivers and Forms for your needs. Boat Bill of Sale Form helps you in entering a rightful transaction with a seller of a boat. It usually contains personal details that allow identifying both parties of a deal, the description of the sold boat, and the terms of the sale. Moreover, it offers peace of mind too as this legal document is permanent once both parties sign and execute it. In Illinois, the bill of sale is used to transfer the ownership from the seller to the buyer. Download Now. The Illinois boat bill of sale form is a permissible source of transcription for the particulars of the reciprocal exchange of watercraft for a predetermined financial sum. All vessels must have an Illinois certificate of registration and expiration decals to legally operate on public waters in Illinois. Illinois Boat Bill of Sale. A watercraft bill of sale is like a fleshed-out receipt. About this Form: A bill of sale is a written agreement by which one party assigns or transfers its rights or interest in property to another party. IL Boats Requiring Title & Registration. The seller assumes no responsibility after the transfer of ownership of the vessel or boat has taken place. This document will provide details of the nature of the sale and any negotiated information. If the boat has/had a lien: A completed Power of Attorney (Form IL 422-0329). If you’ve already paid the taxes, provide proof that you’ve paid the sales tax already, Will a Trailer be included with the Sale? Free Illinois Trailer Bill of Sale Template Posted on June 29, 2018 October 10, 2020 by Tom Scarn When purchasing or selling a Trailer in Illinois you always want to document the transfer of vehicle from the seller to the buyer. The Illinois boat bill of sale pdf form is printable. The Illinois boat bill of sale is an agreement that transfers the ownership of a boat from a seller to a buyer. This form below is designed for use on upon the sale of a boat or vessel. It usually contains personal details that allow identifying both parties of a deal, the description of the sold boat, and the terms of the sale. There are Formats available of a bill of sale for a boat, one of the option from which you can download these templates is PDF. If you are leasing the watercraft or snowmobile from an out-of-state retailer, you must use Form RUT-25-LSE when you bring the item into Illinois. It can be used for the sale of new or used vessel. Therefore, always make sure to prepare a bill of sale while selling or buying a boat. Video Distribution License Agreement. Step 1 – Seller and Buyer Information – Provide the following information : Step 2 – Boat Information – Enter the required information into the appropriate lines: Step 3 – The Sale – Check the boxes that apply and provide additional information (if applicable): Step 4 – Seller’s Disclosure – The seller must review all of the statements in this section. A signed bill of sale form is used to register a boat, and protects the buyer and seller from fraud. Boat Bill Of Sale Illinois. The boat bill of sale form confirms the ownership of the boat. This is a bill of sale for the sale of a watercraft such as a boat. A notice of sale is a document used in real property to give notice of default proceedings. Dealer - ST-556 tax form; Retailer - RUT-25 tax form and Bill of Sale Check or money order payable to Dept of Revenue for tax amount due Used Watercraft - currently issued an Illinois registration number - Class 1 (EXCEPT jet skis/PWCs) - acquired from an individual This legal form can possibly help you avoid potential problems later. An Illinois bill of sale template displays essential information about the transfer of the vehicle in question, and it may prove to be invaluable for both parties of a vehicle transaction. Attach a copy of the bill of sale or lease contract, as appropriate, as proof of the selling price and of any tax previously paid. Boat Bill of Sale; Artwork Bill of Sale ... Download Free Illinois Bill of Sale Forms. A notarized bill of sale form. If you are selling or buying a boat or other types of watercraft, a Vessel Bill of Sale (sometimes known as a Boat or Watercraft Bill of Sale) is designed to document the terms and conditions of the transaction, and to protect your rights. The Illinois boat trailer bill of sale form can be used to transfer ownership of a used boat trailer from one party to another. Download Now. To have and to hold the same unto Buyer(s) and Buyer(s) executors, administrators and assigns, forever. Because a bill of sale should include the date that it was created, you should remember to include the date that the payment for the boat was or will be made. Word together with PDF buying or selling a trailer or Motor, ’! 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