Hsmv 86072 2025

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The document outlines the application process for modifications to dealer licenses for motor vehicle, mobile home, or recreational vehicle dealers in Florida. It details the required forms, supporting documents, and fees associated with various modifications such as adding or changing locations, name changes, and line-make adjustments. The form HSMV 86072 must be completed and submitted to the appropriate regional office, ensuring compliance with state laws and regulations.

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Versions	Form popularity	Fillable & printable
2020	4.5 Satisfied (21 Votes)
2013	4.9 Satisfied (476 Votes)
2011	4 Satisfied (43 Votes)

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What is an affidavit of motor vehicle gift transfer?

Texas Form 14-317, known as the Affidavit of Motor Vehicle Gift Transfer, is utilized when a vehicle is transferred as a gift between eligible parties, including family members or to a non-profit organization, without any payment exchanged.

Do you have to pay taxes on a vehicle that is gifted to you in Florida?

The receiver will not have to pay any sales tax, but you, as the gifter, most likely will. Before you gift a new car, it is a good idea to be fully aware of your financial obligations. Its not possible to gift a car to someone if it has a lien on it.

Is it better to gift a car or sell for a dollar in Florida?

To gift someone a vehicle, you must transfer the vehicle title to their name and create a bill of sale. Selling a vehicle for $1 instead of gifting it could result in your recipient paying sales tax based on the cars fair market value its better to stick with the official gifting process.

What is an affidavit of motor vehicle gift transfer in Florida?

All people and companies selling more than 3 cars in a 12 month period need a Florida Car Dealer License. Additionally, youll need this license even if you advertise more than three cars for sale. Lastly, all auto auctions require this license if you want to purchase vehicles from them.