Florida Vehicle Bill of Sale and Promissory Note
Form reviewed by Bahman Eslamboly, Attorney at FindLegalForms
Used for the sale of a vehicle like a car, van, truck, trailer or motorcycle with installment payments. It offers the option to sell the vehicle "as is" or with a warranty.
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The Automobile/Vehicle Bill of Sale form in this packet is designed to document the terms and conditions of the transaction and to protect the rights of both the seller and buyer. This legal form is also helpful for accounting and tax purposes and includes the make, model, year, mileage, and vehicle identification number (VIN) of the vehicle. The buyer can use an Automobile/ Vehicle bill of sale form to help prove ownership of the vehicle.
An Odometer Disclosure Statement is also included in this packet since federal law provides that the seller reveal the mileage upon transfer of ownership.
This Vehicle Bill of Sale form also allows the option to sell the vehicle โas isโ or with some type of express warranty.
The Promissory Note for Purchase of Vehicle that is also part of this packet, is useful to protects the seller and to avoid possible problems in the future, and permits payment in monthly installments.
This Automobile/Vehicle Bill of Sale and Promissory Note packet also include simple instructions that guide you through each provision making it simple to easily understand the terms of your legal document.
These Important provisions are included in this Florida Automobile / Vehicle Bill of Sale and Promissory Note:
- Consideration paid: This provision indicates the sum paid for the vehicle and also can be used by the buyer to prove that valuable consideration was paid for the vehicle;
- Name and Address of Seller and Buyer : Identifies and locates the parties to this sale in case of a dispute;
- Make/ Model/ Year/ Mileage/ Vehicle identification number:Identifies the vehicle being sold;
- Covenant of Ownership: Seller warrants that he/she is the true owner of vehicle and has the right to sell the vehicle;
- Encumbrance Covenant: Seller warrants that the vehicle is free from any lien, security interest or other encumbrance;
- Defend Covenant: Seller will defend vehicle against any claims or demands.;
- Optional AS-IS Clause: Seller is not making any implied or express warranties as to the condition of the vehicle;
- Promissory Note: Documents the terms and conditions for the Promissory Note, including amount, payments, interest rate and vehicle information;
- Odometer Disclosure Statement: Under Federal Law, the seller must disclose the mileage upon transfer of ownership;
Protect Yourself, Your Rights, and Your Property, with our up-to-date forms.
This packet prepared by lawyers contains:
- Step by Step Instructions, easy to use checklist, and important facts for the Florida Automobile / Vehicle Bill of Sale and Promissory Note;
- Automobile / Vehicle Bill of Sale;
- Promissory Note for Purchase of Vehicle;
- Odometer Disclosure Statement.
Florida Vehicle Bill of Sale and Promissory Note
Product Details
| Product | Florida Vehicle Bill of Sale and Promissory Note |
| Country | United States |
| Pages | 7 |
| Dimensions | Designed for Letter Size (8.5" x 11") |
| Printer compatibility | Designed to print on all ink-jet and laser printers |
| Editable | Yes (.doc, .wpd and .rtf) |
| Format |
Microsoft Word Adobe PDF WordPerfect Rich Text Format |
| Platform |
Windows Compatible Mac Compatible Linux Compatible |
| Availability | In Stock. Instant Download |
| Usage | Unlimited number of prints |
| Category | Vehicle Bill of Sale and Promissory Note |
| Product number | #17124 |
| Download time | Less than 1 minute (approx.) |
| Document Access |
Via secret online address Email with download links Email with attachment upon request |
| Refund Policy | 60 days, no-questions asked, 100% money back guarantee |
Frequently Asked Questions
A Florida Vehicle Bill of Sale is a legal document that records the sale of a vehicle, detailing the terms of the transaction, including the sale price, vehicle details, and the rights of both the seller and buyer.
Yes, federal law requires that the seller disclose the vehicle's mileage at the time of sale. This statement is included in the Bill of Sale packet to ensure compliance.
Yes, the form allows you to sell the vehicle 'as is', meaning you are not providing any warranties regarding its condition. This clause protects the seller from future claims about the vehicle's state.
The Promissory Note included in the packet outlines the payment terms and conditions. If the buyer defaults, the seller has legal recourse as specified in the note.
This form is specifically designed to comply with Florida state laws. While some elements may be similar in other states, it is recommended to use forms that are compliant with the specific state's regulations.
The packet includes step-by-step instructions and a checklist to guide you through filling out the Bill of Sale correctly, ensuring all necessary information is included.
Yes, the terms of the Promissory Note can be modified as long as both parties agree to the changes. It is advisable to document any modifications in writing.
It is important to keep a copy of the Bill of Sale for your records. If lost, you may need to recreate it with the same details and have both parties sign it again.
Is This Form Right For You?
Use This Form If:
- Individuals who are selling their vehicle and wish to receive payments over time can utilize this form to formalize the transaction. It ensures that both parties are clear on the terms of the sale, including payment schedules and vehicle condition.
- Situations requiring the transfer of vehicle ownership while providing a warranty or selling 'as is' can benefit from this legal document. This form allows sellers to specify the condition of the vehicle and protects them from future claims regarding its state.
- To comply with federal law, sellers must disclose the odometer reading at the time of sale. This form includes an Odometer Disclosure Statement, which helps sellers meet legal requirements and protects buyers from potential fraud.
- For those purchasing a vehicle through installment payments, this form provides a structured agreement outlining the payment terms and conditions. It helps ensure that both the buyer and seller understand their obligations, reducing the risk of disputes.
- Buyers looking to prove ownership of a vehicle after purchase can use the Bill of Sale as a legal document. This is particularly useful for registration purposes and for establishing proof in case of any future legal issues regarding ownership.
Do Not Use If:
- โ This form is not appropriate for transactions involving vehicles that are not legally owned by the seller. If the seller does not hold the title or ownership rights, the sale cannot be legally executed.
- โ In cases where the vehicle is being sold for parts or not in operational condition, a different type of agreement may be necessary. This form assumes the vehicle is in a condition suitable for sale.
- โ If the buyer is not making payments and intends to pay the full amount upfront, a simpler Bill of Sale without a Promissory Note may suffice. The installment payment structure is not needed in such cases.
- โ For vehicles that are being sold through a dealership or third-party service, this form may not be suitable. Dealerships typically have their own standardized forms and processes for vehicle sales.
- โ If the transaction involves a vehicle that has significant legal issues, such as being reported stolen or having unresolved liens, this form should not be used until those issues are resolved.
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Save Money by getting our popular Vehicle Bills of Sale forms together in one convenient packet
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