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Selling a vehicle: You may want to request or purchase a vehicle history report when selling your used car to ensure all looks good from a buyer's point of view, as well as to save potential ...
The department provides oversight and services in partnership with the various 67 Florida county tax collectors for the issuance of driver licenses, the Florida drivers license handbook [6] registrations and titling of automobiles, trailers, boats, and mobile homes. Florida residents who are at least 15 years old can obtain a learner license ...
In the United States, according to the Uniform Commercial Code Article 2, the contract of sale can be formed in different ways: (1) offer and acceptance, where a sale begins with an offer and acceptance; (2) firm offers, where a merchant's written offer remains open for a specified time; and (3) battle of the forms, where conflicting terms in ...
If the owner defaults on the payments, the finance company has the legal right to repossess the vehicle. At the end of the agreement, the customer either pays the balloon payment and takes full ownership of the vehicle, or the vehicle is returned to the finance company without any further liability. [1]
Understanding Florida’s car insurance laws may help you select the appropriate coverage level for your vehicle and circumstances. Over 20 percent of drivers in Florida are estimated to be uninsured.
On July 1, 2011, the Office of Motor Carrier Compliance (a state law enforcement agency responsible for commercial vehicle laws in the state) was transferred from the Florida Department of Transportation to the FHP (which is a division of the Florida Department of Highway Safety and Motor Vehicles). The consolidation was a result of Senate Bill ...
Title washing occurs when the condition of a vehicle due to flood, junk, or salvage (known as a "brand"), as previously documented by a state, is lost when the title travels to another state putting an unsuspecting buyer at risk of paying more than a vehicle is worth or operating a vehicle inadequately repaired and potentially unsafe to drive.
A purchase and sale agreement (PSA), also called a sales and purchase agreement (SPA) [1] or an agreement for purchase and sale (APS), [2] is an agreement between a buyer and a seller of real estate property, company stock, or other assets.