CBS-1, Notice of Sale, Purchase, or Transfer of - Illinois 2026

1. Click ‘Get Form’ to open the CBS-1 document in the editor.
2. Begin by filling in the seller's information. Enter the name, driver's license number, address, city, and state in the designated fields.
3. Next, input the buyer's details in a similar manner: name, driver's license number, address, city, and state.
4. In the 'Property Details' section, provide a description of the personal property along with any serial number if applicable.
5. For the 'Trade/Purchase Price', indicate whether payment is being made and specify the amount. Choose from options for payment timing or indicate if it's a gift.
6. Complete the 'Seller’s Disclosure' by confirming that all statements are true and signing where indicated.
7. Finally, both parties should sign and print their names in the signature area to finalize the agreement.

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