Illinois Boat Bill of Sale
The Illinois boat bill of sale is a legal form that details a transition of ownership between a buyer and seller. It is best for the purchaser to make sure the titles are clean and their are no liens pending.
How to Write
Fill-in the vessel bill of sale document by entering the following information into the form:
- Date of Sale
- The Parties’
- Buyer’s First, Middle, and Last Name
- Seller’s First, Middle, and Last Name
- Vessel Description
- Hull Type
- Make
- Model
- Year Built
- Hull Identification Number
- Other Details
- Price of Vessel
- Amount ($)
- Payment Type – Single or Downpayment with the balance at a later date
- Liens and Encumbrances
- Condition of Boat – Seller must disclose any defects
- Odometer Reading
- Additional Terms and Conditions
When signing the document, it is always recommended to elect having a witness or notary public view the signatures.
