Selling a salvage heavy equipment in Illinois
When selling a salvage heavy equipment through a private party sale in Illinois, a bill of sale protects both the buyer and seller by documenting the transaction details and the vehicle's condition at the time of sale.
Legal considerations for salvage vehicles in Illinois
Illinois requires a rebuilt inspection by the Secretary of State Police before a rebuilt title can be issued. The seller must disclose the salvage history and provide all parts receipts and repair documentation.
Required disclosures
Illinois Vehicle Code 625 ILCS 5/3-308 requires salvage and rebuilt title disclosure. The bill of sale must reference the title brand.