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Florida Title Transfers: Documents Needed Florida title properly completed by buyers and seller. The person or person(s) appearing on the title as buyer needs to be present. Proof of Florida insurance on new vehicle. Driver License. Plate number if transferring a plate.
Florida law requires sellers to file form HSMV 82050. Filing this form with a motor vehicle service center will remove the sellers registration from the vehicle and help the seller avoid any civil liability for the operation of the motor vehicle after the sale.
If you live in Florida and you gift a car to a family member, a bill of sale gift or affidavit will exempt you from taxes. If you do have to pay taxes on your gifted vehicle, the state uses the vehicles fair market value to calculate the amount you have to pay.
The Bill of Sale form HSMV 82050 includes sections for both the gift-giver/seller and gift recipient/purchaser. It also features spaces for the vehicles details such as make/model, Certificate of Title (which proves that the gift-giver is the actual owner of the car being gifted) and more.
It is legal to give a car to a family member or anyone else, however, a bill of sale or an affidavit should be completed by both parties to verify this information for the Department of Revenue.
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