Bill Of Sale Form Illinois Affidavit Of Repossession Templates... 2025

1. Click ‘Get Form’ to open it in the editor.
2. Begin by filling in the Lender's information, including the business name and address. Ensure accuracy as this identifies the party selling the vehicle.
3. Next, complete the Borrower's section with their full name and address. This is crucial for legal documentation.
4. In the Vehicle Description section, provide detailed information about the vehicle, including year, make, model, plate number, and VIN. This ensures clarity on what is being sold.
5. Indicate the date of repossession and any relevant auction details if applicable. This establishes a timeline for the transaction.
6. List all parties notified regarding the repossession in accordance with Section 425(1) of New York State Vehicle and Traffic Law.
7. Complete the Odometer Disclosure Statement accurately to comply with federal regulations regarding mileage disclosure.
8. Finally, ensure both seller and purchaser sign at the bottom of the form to validate the transaction legally.

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