Bill of Sale in Connection with Sale of Business by Individual or Corporate Seller - Illinois 2026

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the Seller's name and address in the designated fields. Ensure accuracy as this identifies the party transferring ownership.
3. Next, specify the Purchaser's details, including their name and address. This is crucial for legal recognition of the transaction.
4. In the section detailing assets, list all items being sold, such as equipment and inventory. Use Schedule 1 for a comprehensive itemization.
5. Review any contracts or agreements that are being assigned to the Purchaser. These should be listed on Schedule 2.
6. Complete the acknowledgment section by signing and dating where indicated. If applicable, have a notary public witness your signatures.

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