Illinois General Bill of Sale
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Illinois General Bill of Sale
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The Illinois general bill of sale is a document that’s used to serve as proof of a transaction that involves the transfer of ownership for personal property between two or more parties. The transaction can be a purchase or sale (depending on who’s holding the bill of sale) or a trade. It’s important to fill it out properly because it can protect the buyer and seller in the event that the transaction is challenged. Both the buyer and seller should sign in front of a notary public - especially if the transaction has a value larger than what can be settled in small claims court.
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