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Bill of sale in Arcadia, Florida



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.

The Florida Department of Highway Safety and Motor Vehicles (DHSMV) highly recommends that, at the moment of buying or selling a vehicle, the owner and the buyer protect themselves by completing the Bill of Sale Document. This paper is not legally required by the DMV officers, and in any case it replaces the Title transfer, but it is a very good backup form, as the Bill of Sale protects 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 parts, as it protects the Seller and the Buyer. This paper serves as a proof of the transaction made and the transfer 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 you as the seller of the vehicle in any case, for example: if any infraction or new ticket arrives to you after you sold the vehicle, you will have no responsibility towards those infractions. This form works as proof of non responsibility over the sold vehicle.

Once the purchase is completed, the seller must notify the tax collector’s office (DMV Office), to inform them about the sale. After this, the Florida Department of Highway Safety and Motor Vehicles will proceed to cancel the registration of the vehicle under the Seller’s name and keep the vehicle on hold until the buyer’s notification arrives. Once everything is completed, they will register the vehicle under the new owner’s name.

Benefits for Buyers

The Bill of Sale also protects you as the buyer of the vehicle. After the purchase is completed and from that date forward. For example: if any infraction or old ticket of the vehicle arrives to you, but the date of those infractions are from the time you didn’t own the vehicle, the document will excuse you from the responsibility over those tickets. The Bill of Sale proves that the vehicle at that time was the responsibility of the previous owner.

When the transaction has been completed, the Buyer should notify the purchase to the tax collector’s office. After this, the Florida Department of Highway Safety and Motor Vehicles will cancel the registration of the vehicle under the Seller’s name and register the vehicle under the new owner’s name. Bear in mind that in this stage of the purchase it will be required to pay the sales tax. If the Vehicle Registration, under the new owner, takes more than 30 days after the sale, it will be a penalty fee due to the late transfer.



FL DMV offices in Arcadia, Florida

115 E. Oak Street


Arcadia Clerk of the Court


34265


(863) 993-4876

201 E. Oak St.


Driver License & Vehicle Services


34266


(863) 993-4861

350 East Marion Ave.


Punta Gorda Clerk of the Court Office


33951


(941) 637-2121

18500 Murdock Circle


Driver License & Motor Vehicle Services


33948


(941) 743-1350

410 Taylor Street


Driver License & Motor Vehicle Services


33980


(941) 743-1350

417 W. Main Street


Wauchula Clerk of the Court Office


33873


(863) 773-4174

110 W. Oak St., Site 102


Drive License & Motor Vehicle Services


33873


(863) 773-6365

4970 City Hall Blvd


Driver License & Vehicle Services


34286


(941) 861-8300




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