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. 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. Any person who purchases a used jet ski or personal watercraft or watercraft classified in Illinois as Class 2, 3, or 4 from a retailer or individual in Illinois must submit a boat bill of sale and a number of other documents, according to the Illinois Department of Natural Resources. Provide a brief description of the conditions of the trade (if applicable), Date the signatures in dd/mm/yyyy format at the top of this section, Make copies of the completed document to provide to all who signed, for their records. Illinois Bills of Sale. Video Distribution License Agreement. Boat (Vessel) Registration Forms. Boat Bill of Sale Form helps you in entering a rightful transaction with a seller of a boat. 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. The written testimonial ordinarily contains the verified information concerned with the transaction, focusing on the discernable identifying information associated with the vessel, buyer, and seller. This includes 1,069 new watercraft and 505 used boats, available from both private sellers and well-qualified boat dealers who can often offer various boat warranty packages along with boat loans and financing options. The boat may be sold by a dealership or a private citizen. If you have a newly purchased vessel, it must be registered in Illinois within 15 days and with very specific instructions. However, it if highly suggested that you complete one anyway when you are making a vehicle sales transaction. used or capable of being used as a means of transportation on water, except a seaplane on the water and a fishing raft. What's Included in a Boat Bill of Sale. Department of Natural Resources (Yes or No), Will an Outboard Motor be included with the Sale? 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: 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). 2 copies of Bill of Sale or Purchase Agreement 2 copies of Bill of Sale or Purchase Agreement Check or Money Order payable to Dept of Revenue for tax amount due Used Watercraft – USCG Documented Vessels changing to IL title - Class, 2, 3, & 4 - purchased from an out-of-state dealer or retailer $699.99. 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 The boat bill of sale form confirms the ownership of the boat. Do not confuse a bill of sale with a notice of sale. All vessels must have an Illinois certificate of registration and expiration decals to legally operate on public waters in Illinois. Ownership document of either a manufacturer’s certificate of origin or the transferred vessel title accompanied by the prior owner’s registration if available. This document will require notarization. © 2020 Electronic Forms LLC. If your answer is yes enter the following: If the first box is selected, the seller will accept a monetary payment – Enter the worded dollar amount, Enter the date as to when the parties have agreed that payment will be made in mm/dd/yyyy format, Enter the date in which the document will be known as in mm/dd/yyyy format, If the parties have agreed that payment will be made at a later date, enter the date mm/dd/yyyy format, Other – If different terms have been agreed upon by the parties, enter a description of the final agreement (if more room is required add a sheet and attach it to the form, Check the box if the item(s) are being provided as a gift to the “buyer”, The last box in this section will address a trade. Illinois Boat Bill of Sale. 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. It is best for the purchaser to make sure the … This form below is designed for use on upon the sale of a boat or vessel. A completed Illinois Watercraft Registration and Title Application. Steps to Fill out an Illinois Boat Bill of Sale. Available for PC, iOS and Android. When purchasing a boat, it is critical for the buyer to get a boat bill of sale. A receipt or invoice contains just the basics: purchase price, brief description, and date of sale. This shall bring into action the act of transferring the ownership of the concerned boat or vessel. A bill of sale should be included in the transactions of the product. Moreover, it offers peace of mind too as this legal document is permanent once both parties sign and execute it. A Bill of Sale for a boat/Vessel documents the sale or transfer of a motorboat, sailboat, yacht, Jet Ski, watercraft, or other recreational water vehicles between a Seller and a Buyer. If the sale includes a trailer or motor, you’ll want to include that information in the document as well. IL Boats Requiring Title & Registration. This form will also prove change of ownership. If the boat has/had a lien: A completed Power of Attorney (Form IL 422-0329). Please be aware that our agents are not licensed attorneys and cannot address legal questions. A lien release letter (if applicable). This is a bill of sale for the sale of a watercraft such as a boat. 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. The Illinois bill of sale form approves the exchange of a financial consideration for an item of property into a text register.The contract lists the critical factors of the transaction such as the relevant information on the buyer, seller, item, and sale terms. Start a free trial now to save yourself time and money! These documents protect both the seller and buyer and in many cases make it possible to register items with the state when needed. This document will provide details of the nature of the sale and any negotiated information. $199.99. A notice of sale is a document used in real property to give notice of default proceedings. Your documents may only be mailed and your registration and decals will be mailed back to you with instructions. Do not provide signatures until all signatories are before a notary, have been identified and then signatures may be entered. The Illinois Vessel Bill of Sale app may be used for sales transactions of motorized boats, sailboats, rowboats and canoes in the State of Illinois. Illinois . (Yes or No). ILLINOIS BOAT TRAILER BILL OF SALE FORM. To have and to hold the same unto Buyer(s) and Buyer(s) executors, administrators and assigns, forever. 408 Springfield, IL 62756 www.cyberdriveillinois.com This space for use by Secretary of State. In Illinois, the bill of sale is used to transfer the ownership from the seller to the buyer. There are two general reasons why you want to get a Bill of Sale in Illinois when purchasing or selling a Trailer: 1. Free Illinois Boat Bill Of Sale PDF Download Available for Download in PDF Format. 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 watercraft bill of sale is like a fleshed-out receipt. This shall bring into action the act of transferring the ownership of the concerned boat or vessel. August 23, 2013 billofsale Illinois Leave a comment. Seller’s Report of Sale Secretary of State Vehicle Services Department Record Inquiry Section 501 S. Second St., Rm. THIS DOCUMENT IS IN PDF FILLABLE FORMAT, AFTER DOWNLOADING ***PLEASE READ THE ENTIRE DOCUMENT *** Illinois Bill of Sale of Personal Property Form. This is a bill of sale for the sale of a watercraft such as a boat. Payment for the necessary title and registration taxes and fees. This form below is designed for use on upon the sale of a boat or vessel. The Illinois boat bill of sale pdf form is printable. It provides for the seller, buyer consideration and boat description. Professionally Drafted 5-Year Business Plan. In addition, this document serves multiple purposes for you as a buyer of the boat. Illinois Boat Bill Of Sale PDF Preview. The form is proof that a purchase occurred, and states the condition of the vessel. This document will require notarization. The undersigned buyer accepts receipt of this Bill of Sale and understands that the above vehicle is sold in “as is” condition with no guarantees or warranties, either expressed or implied, for the vehicle. © 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. 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. 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. 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? Illinois Bill of Sale of Boat / Vessel (Sold "As Is" Without 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. The State of Illinois doesn’t require a Bill of Sale because it’s not mandatory but it is recommended. motorboat, sailboat, jet ski, pontoon, canoe, kayak etc.) Boat Bill Of Sale Illinois. 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. 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. This absolutely free Illinois Boat Bill of Sale documents the reassignment of ownership of a used watercraft from the owner to the purchaser. The Illinois boat bill of sale is a legal form that details a transition of ownership between a buyer and seller. Blank Boat Bill of Sale Template in PDF. Create a high quality document online now! Boats in Illinois. 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. There are currently 1,574 boats for sale in Illinois listed on Boat Trader. $19.99. 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