Florida Bill of Sale Form
A Florida Bill of Sale Form is a document used to legally record ownership transfers. It clearly shows that a property has changed hands between a buyer and a seller in Florida.
Florida Bill of Sale Types
As-Is
Vehicle
Why Do You Need a Florida Bill of Sale Form?
A Bill of Sale is not a compulsory legal requirement for personal property transactions in Florida. However, for high-value items, it is advisable to always have written evidence that can be legally enforced.
For motor vehicles, a Bill of Sale, such as Form HSMV 82050, also serves as a Notice of Sale. It helps the buyer to transfer the title and register the vehicle. This is done with the Florida Department of Highway Safety and Motor Vehicles (FLHSMV).
It provides essential details such as the;
- Vehicle's identification number (VIN)
- Current odometer reading
- Agreed-upon sale price
According to Florida law, the sale of goods above $500 must be followed up with a written agreement. This requirement makes a Bill of Sale necessary in Florida for these kinds of transactions. Although it is not a legal requirement, the FLHSMV recommends it for added security.
Common Uses of a Florida Bill of Sale Form
The document can be useful in many ways:
|
S/N |
Uses |
Description |
|
|
Liability Transfer |
Documents a complete handover of all liabilities to the buyer |
|
|
Proof of ownership |
Details the transfer of ownership of an item |
|
|
Records and documentation |
For title transfers, insurance, and future sales |
|
|
Legal Requirement |
Compliant with all state and federal regulations |
|
|
Dispute settlement |
Prevents future disputes regarding the details of the sale |
|
6. |
Registration Clearance |
Filing Form HSMV 82050 clears the buyer from vehicle registration records. |
A Bill of Sale is not a legal requirement in Florida, especially for personal property sales. However, it is best to record the transfer with a written document when it comes to items of high value.
A Bill of Sale for a vehicle in Florida, Form HSMV 82050, must have identification details of all parties involved. These include full names and addresses. It must also have the vehicle's details, like the identification number, model, year, and make.
Generally, notarization of a Bill of Sale is not a legal requirement in Florida. This is particularly for vehicle or general personal property transfers. The FLHSMV does not require notarization for vehicle sales. However, they do advise it for added security and fraud prevention. Especially for the seller filing the Notice of Sale.
For vehicle sales in Florida, the buyer typically submits the Florida Bill of Sale Form HSMV 82050. This is presented alongside the properly signed title, proof of insurance, and other required documents.