Introduction to Florida Bill of Sale
The Florida DMV Bill of Sale serves as a record of sale and purchase of a vehicle and includes details of the transaction. When you sell or buy a vehicle in the State of Florida, you have to ensure you complete a Bill of Sale DMV, Florida. The State has certain legal-specific requirements about the FL Bill of Sale.
What is Florida Bill of Sale?
The Florida Bill of Sale is a legal document in the state of Florida that serves as an evidence of transfer of ownership of a physical property such as Vehicles. It contains detailed information about the transaction, the property exchanges, and information about the owner and the recipient.
DMV (Department of Motor Vehicle) Florida is in-charge of authorizing Bill of Sales in the states. An FL DMV Bill of Sale Form does not serve as a motor vehicle title and can’t replace a title transfer. However, you can generate a generic FL DMV Bill of Sale form here
Note that the State of Florida prohibits driving a vehicle without license plates or tags, so as a buyer, you must apply for a title transfer, registration, and license plates before driving the vehicle. It is recommended to either have the seller (previous owner) drive the vehicle to your property or have the seller drive it to the tax collector’s office with you.
What are the Requirements for Florida Bill of Sale?
- Picture Identification
- In the State of Florida, a Bill of Sale is a crucial component necessary for the transfer of vehicle ownership, and you should ensure to receive a notarized Bill of Sale.
- Complete the title with the seller
- You must complete an Odometer/Mileage Disclosure if your vehicle is less than ten years.
- Proof of Insurance purchased in Florida.
- You will need to complete an application for Certification of Title With/Without Registration Form only if your vehicle was purchased outside of the State.
- You will also need the VIN and Odometer Verification Form..
- You should be ready to pay fees such as Local county fees, Title fees, Florida sales and use tax (6% at the moment), and License plate fee (if required) – you won’t be charged if you’re transferring plates.
How to Register a Vehicle – What to Know (Sellers & Buyers)
- A title signed over to you
- A bill of sale
- Photo ID
- Proof of residency that matches your ID
- Proof of insurance
- Odometer Disclosure Statement (VSA-5)
- Inspection Certificate
- You should be prepared to pay all titling and registration fees.
Notice For Sellers
A seller can sell his/her vehicle without using a Bill of Sale but must provide the intended buyer’s completed vehicle title. The title is required to register and title when transferring ownership. As the seller, you must ensure all information corresponds, including the VIN and odometer reading. It is also strongly recommended that the seller complete the DMV Bill of Sale Florida Form with the buyer and keep a copy for safety.
As the seller, you must also remove the vehicle’s license plates because Florida license plates are required to remain with the driver and not the vehicle. However, the plates can be transferred to another vehicle (crossing the $225 fee for initial registration) or can be taken to the tax collector’s office. Not doing one of the two can result to license suspension.
To transfer your vehicle plates to another vehicle before selling, you have to obtain temporary tags at your tax collector’s office. The State of Florida provides temporary tags indicating “for sale” for test driving and display. However, these tags will expire after 30 days.
Notice For Buyers
As a buyer, it is highly recommended to complete the Florida DMV Bill of Sale Form and notarize it. Avoid purchasing a vehicle without the title. The registration and title transfer can’t be completed without the vehicle title. Completing a Bill of Sale isn’t enough as it is not a title transfer.
You have to also verify the vehicle description and check the accuracy of information such as the model, make, body style, year, and color. You need to check if the VIN and odometer reading corresponds with what is recorded in the title.
As a buyer, you need to be concerned about the vehicle’s history before purchasing it. Check in the title for words like “Warranty Returned,” “Junked,” “Original Taxi,” or anything similar.
Furthermore, you need to ensure that everyone whose signing is required in the title does so. When you see multiple names separated by “OR,” it means either party can sign the title, but when you see “AND” or “/” it implies that both parties must sign the title. You can also title, register, and apply for license plates within 30 days of the transaction.
How to Write Florida Bill of Sale – What it Includes
- Name of the seller and the buyer
- Complete address of the seller and the buyer
- Complete vehicle description, which includes make, model, body style, year, and Vehicle Identification
- Number (VIN).
- The vehicle odometer reading at the time of sale.
- Date of sale
- The sale price
- Signature of the buyer and the seller
- A notary public seal identifying the buyer’s and seller’s signature is required.
Either as a buyer or a seller, you have to ensure you write a Florida DMV Bill of Sale each time you exchange a property. It always protects your integrity should in case any situation arises from the property’s history (for buyers) or its future use (for sellers). You can’t go wrong with a Bill of Sale.
You can visit the Florida Department of Highway Safety and Motor Vehicles for more detailed information.