What is the Illinois Disposition form?
The Illinois Disposition form, also known as the Secretary of State Certificate of Final Disposition, is a document used to certify the transfer of ownership of a vehicle. This form is specifically designed for use by individuals licensed under Section 5/5-301 ILCS. It must be filled out completely to ensure proper processing.
Who can use the Illinois Disposition form?
This form can only be utilized by individuals or entities that are licensed under the specific section of Illinois law mentioned above. It is not intended for general public use and is primarily for licensed dealers or other authorized persons involved in vehicle transactions.
What information is required on the form?
The form requires detailed information about the vehicle, including the Vehicle Identification Number (VIN), make, model year, body type, and color. Additionally, it asks for the location of the vehicle and the names and addresses of both the purchaser and the current owner of record. A signature from both parties is also necessary to validate the transaction.
What happens after the form is completed?
Once the Illinois Disposition form is completed and signed, it serves as proof of the vehicle's transfer of ownership. If the proper junking application, proof of title search, and a junk vehicle bill of sale are submitted along with this certificate, a Junking Certificate will be issued. This is important for those dealing with junked vehicles.
Is this form the same as an Illinois Certificate of Title?
No, the Illinois Disposition form is not a Certificate of Title. It is specifically a certificate of final disposition that certifies the transfer of ownership. The Certificate of Title is a separate document that provides legal proof of ownership and is issued by the Secretary of State.
What should I do if there was a lien on the vehicle?
If there was a lien on the vehicle, the form requires the individual to indicate whether a lienholder was contacted. If the answer is yes, proof of mailing must be submitted along with the form. This step is crucial to ensure that all parties involved are informed of the ownership transfer and that any existing liens are resolved.