This absolutely free Illinois Boat Bill of Sale documents the reassignment of ownership of a used watercraft from the owner to the purchaser. The bill of sale is really quite easy to write out and is offered in Microsoft Word together with PDF. You are able to print the bill of sale and promptly write the required information in the blanks. You can similarly modify the form by using Microsoft Word or PDF editing software and enter the relevant information right into the documentation. There are also areas for the boat’s motor and boat trailer. Either cross out the areas or write N/A if one or both are not being included in the purchase.
To make out the Illinois boat bill of sale you will definitely be required to write in the name and address of both the purchaser and the owner. For particulars of the boat you need to write in the brand name or producer, measurements, and hull ID number. If you have them, there are likewise spots for the existing title number and registration number. Naturally the documentation specifies that the boat is being offered as is, which indicates the seller makes no representations regarding the condition or use of the watercraft.
As the seller of the watercraft, it is necessary that you keep a hard copy of the bill of sale. Let’s think about the worst case circumstance. You happily sell the watercraft for cash money and the purchaser leaves. He quickly puts the vessel in the closest lake and strikes another boat or a swimmer. The boat is still legally registered in your name. Having the ability to supply the bill of sale might quite possibly keep you out of legal trouble.
You should sign it and present it to the purchaser if the vessel has a state title. The purchaser will not be able to sign up the boat without the title. If the new owner is mandated to pay state sales tax on the transaction, both the bill of sale and state-issued title might be needed at the tax office.
Click or tap the web link beneath this paragraph to download and save the Illinois Boat Bill of Sale in Microsoft Word format for completely free of charge. You may also create the Illinois Boat Bill of Sale using our free fillable PDF version. The PDF has fillable fields into which you can type the required information.
WORD – Illinois Boat Bill of Sale Word
PDF – Illinois Boat Bill of Sale PDF
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