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Bill of sale in Panama City, Florida




Bill of Sale

Everyone is familiarized with the paperwork one must go through when purchasing a new vehicle, there are a lot of forms to comply. During the last couple of years there have been some incidents when selling/buying a vehicle. Fraud, theft or simply mistakes are around the corner, and have led people to lose more money and waste their time trying to fix things up.

When buying or selling a car, the Florida Department of Highway Safety and Motor Vehicles (DHSMV) highly recommends that the owner and the new buyer protect themselves by filling up the Bill of Sale Document. Even though this paper is not legally required, and in any case it replaces the Title transfer, it is a very good choice to fill up the Bill of Sale to protect both parts of the transaction: The Buyer and the Seller.

The “Notice of Sale and/or Bill of Sale for a Motor Vehicle, Mobile Home, Off-Highway Vehicle or Vessel”, can be downloaded from the DHSMV site. This paper is a very good backup to avoid any future possible problems.

Purpose of the form

The Bill of Sale is beneficial for both of the parts. It protects the Seller and the Buyer during a certain period of time. This paper works as a proof of the transaction made and the change of responsibilities form one part to the other one.

At the moment of the sale, it is necessary that the current owner of the vehicle is the first one to complete this paper and sign it, before the buyer.

To complete the form correctly, the seller must include the Vehicle details, the Certificate of title number, the current kilometer the vehicle has made, the personal information of both parts, the price of the vehicle and the current date.

What are the Benefits for the Seller part?

The Bill of Sale form protects the seller of the vehicle in any case where any infraction or new ticket arrives from the authorities and once the vehicle is driven by the new owner. It works as a proof of non responsibility over the vehicle.

Once the transaction has been completed, the seller should notify the tax collector’s office, to let them know about the sale. After this, the Florida Department of Highway Safety and Motor Vehicles will cancel the registration of the vehicle under the Seller’s name and wait for the buyer’s notification to register the vehicle under the new owner’s name.

Benefits for the Buyer of the Vehicle

The Bill of Sale also protects the buyer of the vehicle after the purchase and from that date on. In the case any infraction or old ticket of the vehicle is found at the time the vehicle was the responsibility of the previous owner, the Bill of Sale will prove that the responsibility over the vehicle at that time was over the previous owner.

Once the transaction has been completed, the Buyer should notify the new acquisition to the tax collector’s office. After this, the Florida Department of Highway Safety and Motor Vehicles will cancel the registration of the vehicle for the Seller’s name and register the vehicle under the name of its new owner. Please bear in mind that a sales tax payment will be required at this time. The new owner will only have 30 days to register the vehicle under his/her name after the sale. After this time period there will be a penalty fee due to the late transfer.



FL DMV offices in Panama City, Florida

300 E. 4th Street


Panama City Clerk of the Court Office


32402


(850) 763-9061

850 W. 11th St.


Driver License & Motor Vehicle Services


32401


(850) 248-8501

805 S. Tyndall Parkway


Callaway Driver License & Motor Vehicle Office


32404


(850) 248-8501

700 Florida Ave.


Driver License & Motor Vehicle Services


32444


(850) 248-8501

6030 County Rd. 2321


Panama City Bureau of Dealer Services


32404


(850) 767-3660

10520 Hutchison Blvd.


Driver License & Vehicle Services


32413


(850) 248-8501

1000 5th St., Rm. 148


Port St. Joe Clerk of the Court Office


32456


(850) 229-6113

151 N. 3rd Street


Wewahitchka Motor Vehicle Office


32465


(850) 639-2655




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