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Bill of sale template illinois drivers#
Bill of sale template illinois driver#
Bill of sale template illinois license#
Bill of sale template illinois free#

In order to obtain your license, you will need to provide the appropriate documents, pay the fees, pass written and/or driving tests, and have your photo taken.

Bill of sale template illinois license#

Driver’s License and Proof of Residence: You will have to surrender your out-of-state license in order to establish your residence in Illinois and obtain a state driver’s license.

Forms can include but are not limited to the following: Related DocumentsĮxplain and link to any forms or information the user may need. Electric vehicle plates have extra fees, including an extra $100 in place of gas tax and extra fees paid into the State Special Services Fund. There are various fees depending on what kind of plate you want and when you register. When registered as such, the vehicles can only be driven in exhibitions and other similar situations. The current base rate is 6.25% but there are usually local taxes also.Īntique / Electric Vehicles: Vehicles at least 25 years old (and firefighting vehicles at least 20 years old) may be eligible for a special license plate. When you purchase from a dealer, the dealer fills out and turns in an ST-556 Sales Transaction form. The form figures the sales tax based on the vehicle’s value. when acquiring a vehicle through a private party.

Bill of sale template illinois drivers#

Sales / Excise Tax: All drivers must turn in an RUT-50 form, or Private Party Vehicle Use Tax Transaction. Minimum amounts are $25,000 bodily injury per person/$50,000 per accident, $20,000 in property damage liability, $25,000/$500,000 bodily injury for under and uninsured motorists, and $15,000 with a $250 deductible for under and uninsured property damage.

Bill of sale template illinois driver#

Illinois DMV Offices: If you need to contract business at a branch, you can search for the nearest location by using your zip code.ĭays To Register at DMV: Illinois residents purchasing new vehicles have 20 days to register their vehicles.įees: Fees vary based on vehicle type and whether the driver wants to purchase a specialty plate.Īuto / Liability Insurance: All Illinois drivers are required to carry liability insurance in case they are ever in an accident. Requirements can include but are not limited to the items below:

Bill of sale template illinois free#

You can sign up online using a free account to use many of the services you will need to drive safely in Illinois. Registering a Vehicle at the Illinois DMVīecause of the COVID-19 pandemic, the Illinois Secretary of State has closed some branches and offered many other services online. Writing Requirements: There are no specific writing or ink requirements. Number of Copies: Keep a copy for yourself somewhere safe, make one for the other party, and turn in one when you register your vehicle. Language Requirements: There is no requirement for a specific language. Notarization: There is no notarization requirement, but if you have access to a notary, it may lend more legitimacy to the document. Download a simple, easy-to-use form online. Illinois Vehicle Bill of Sale Form: Because a bill of sale is not required, there is not a specific form you need to use. Illinois Vehicle Bill of Sale Requirements As you go through life, you realize how vital it is to document all serious transactions to save hard feelings or even litigation later. Because a bill of sale is not a complicated document, it is worth the minor trouble to make sure you have one when buying or selling an automobile.Ī bill of sale protects both buyers and sellers, providing documentation that can settle disputes if one party ever makes a claim that the deal was unfair or that the other party reneged on the terms of the agreement. While a vehicle bill of sale is not required to register a vehicle through the Office of the Illinois Secretary of State, the document may be useful later if there is ever a dispute. It is a legal document that you may need for other transactions, but it is also basically a receipt for a purchase.

(855) 335-9779 Monday-Friday, 9AM - 7PM EDTĪn Illinois (IL) vehicle bill of sale is simply a document that proves that you either bought or sold an automobile.