Form vsd 703 2026

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  1. Click ‘Get Form’ to open the VSD 703 in the editor.
  2. Begin by providing evidence of your right to acquire a title. This can include a bill of sale, receipt, or a notarized statement if ownership documents are unavailable.
  3. Next, obtain a written appraisal of the vehicle's current wholesale value from an authorized dealer or appraiser. Ensure it includes all required details such as vehicle description and appraiser's signature.
  4. Select the type of bond you are applying for: Surety Bond or Cash Bond. Complete the respective bond form and attach any necessary documentation.
  5. Fill out the application and include the fee payable to the Secretary of State, along with any applicable tax forms.
  6. If there is a lienholder on the previous title, ensure you have a lien release ready for submission.
  7. Once all fields are completed accurately, submit your documents to the Secretary of State’s Vehicle Titles Division.

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The document must be notarized. So you will need to have the notary present when you sign. Effective January 1, 2024, electronic signatures are permitted in certain power of attorney documents. A notary or witness can be electronically present to electronically sign.
When you sell and/or release interest in a vehicle that is titled and/or registered in the State of Illinois, this form must be immediately completed and mailed to the Secretary of State Vehicle Services Department to ensure that your responsibility for the vehicle is released.
To make a POA in Illinois, you must sign the POA in the presence a notary public and at least one witness. The notary public cant act as the witness. A notary or witness can be electronically presentmeaning they can witness your signature in real time using audio-video technology.
An Illinois POA form is a legal document that allows a person (the principal) to designate an agent to make decisions on their behalf. These decisions can involve financial, healthcare, or other personal matters, depending on the type of POA.
Drafting The Letter Identify the Principal and Agent: State both parties full names, addresses, and contact information. Define the Scope of Authority: Specify what powers are granted and include limits if needed. Set the duration: Indicate the start and end dates or state whether the POA is durable.

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Application for Title: Both parties need to complete the Illinois Application for Vehicle Transaction(s) (Form VSD 190). This form includes the Vehicle Identification Number (VIN), odometer reading, and identification details.

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