Bill of Sale
Create a Florida-specific Bill of Sale for trucking equipment. Ensure compliance with Fla. Stat. § 672.201 and protect your business from liability.
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As a Florida trucking company owner, transferring assets like tractors or trailers involves high stakes. A robust Bill of Sale is essential to satisfy Florida's Statute of Frauds (Fla. Stat. §... Read more
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Legal Document
Seller
[seller_name]
Buyer
[buyer_name]
The Seller hereby sells, transfers, assigns, and conveys to the Buyer, and the Buyer hereby purchases and accepts from the Seller, the following described personal property (the "Property"): [item_description]. The Buyer acknowledges that the Buyer has had a full and adequate opportunity to inspect the Property prior to the execution of this Agreement and accepts the Property in its current condition as described herein.
The total purchase price for the Property is [sale_price] (the "Purchase Price"), payable in full by the Buyer to the Seller on or before the Sale Date. The Buyer and Seller acknowledge and agree that the Purchase Price represents the fair and agreed-upon value of the Property as negotiated between the Parties at arm's length. Upon receipt of the Purchase Price in full, the Seller shall be deemed to have been fully compensated for the sale, transfer, and conveyance of the Property, and the Seller shall have no further right, title, or interest in or to the Property or the Purchase Price.
The Seller hereby represents and warrants to the Buyer that: (a) the Seller is the sole and lawful owner of the Property and has full right, power, and authority to sell, transfer, and convey the Property to the Buyer; (b) the Property is free and clear of all liens, encumbrances, security interests, pledges, claims, charges, and restrictions of any kind whatsoever; (c) the Seller has not previously sold, transferred, assigned, pledged, or otherwise encumbered the Property or any interest therein to any other person or entity; and (d) the Seller will defend the Buyer's title to the Property against any and all claims and demands of any person or entity claiming an interest therein.
Upon execution of this Agreement and receipt of the Purchase Price in full, the Seller hereby irrevocably transfers, assigns, and conveys to the Buyer all of the Seller's right, title, and interest in and to the Property, free and clear of all liens, encumbrances, and claims of any kind. Title to and risk of loss of the Property shall pass from the Seller to the Buyer upon the execution of this Agreement and payment of the Purchase Price. From and after the transfer of title, the Buyer shall be solely responsible for the Property, including its care, maintenance, insurance, and all risks of loss, damage, theft, or destruction. The Seller agrees to execute and deliver to the Buyer any and all additional documents, instruments, or certificates as may be reasonably necessary or appropriate to evidence or effectuate the transfer of title to the Property.
5.1 Governing Law. This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the state in which the transaction is consummated, without regard to its conflict of laws principles. 5.2 Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous agreements, understandings, negotiations, and discussions, whether oral or written, between the Parties relating to the sale and purchase of the Property. 5.3 Severability. If any provision of this Agreement is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such invalidity, illegality, or unenforceability shall not affect any other provision of this Agreement, and the remaining provisions shall continue in full force and effect. 5.4 Amendment. This Agreement may not be amended, modified, or supplemented except by a written instrument signed by both Parties. 5.5 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument. 5.6 Binding Effect. This Agreement shall be binding upon and shall inure to the benefit of the Parties and their respective heirs, executors, administrators, legal representatives, successors, and assigns.
[equipment description eld status]
IN WITNESS WHEREOF, the Parties have executed this Bill of Sale as of the date first written above, each acknowledging receipt of a copy of this Agreement.
Seller
Name: Seller
Date: 2026-04-19
Buyer
Name: Buyer
Date: 2026-04-19
As a Florida trucking company owner, transferring assets like tractors or trailers involves high stakes. A robust Bill of Sale is essential to satisfy Florida's Statute of Frauds (Fla. Stat. § 672.201) for sales over $500 and to provide clear proof of transfer for DOT and FMCSA compliance. Beyond just a receipt, this document mitigates risks associated with cargo damage claims, accident liability, and the Florida Deceptive and Unfair Trade Practices Act. By including precise descriptions of items like ELDs, DOT numbers, and maintenance records, you protect your business from future disputes over 'as-is' status and indemnity.
Beyond the standard bill of sale sections, this template adds fields specific to Trucking Company Owner:
A Bill of Sale serves the core legal purpose of providing proof of the transfer of ownership of an item from the seller to the buyer. It formalizes the transaction and fulfills the legal need for documentation of the sale, aiding in preventing disputes over ownership and clarifying the terms and conditions agreed upon by the parties involved.
Accident Liability
Utilize detailed contracts with clients outlining liability limitations and responsibilities, maintain comprehensive insurance policies.
DOT Compliance Violations
Implement strong compliance programs, conduct regular audits and training sessions to ensure adherence to FMCSA and state regulations.
While Florida law does not always mandate notarization for every transaction, for high-value trucking assets or those used in interstate commerce, notarization or witness verification is a verified requirement for enforceability and authenticity in the event of a legal dispute or when renewing registrations under the International Registration Plan (IRP).
To comply with the Florida Deceptive and Unfair Trade Practices Act and general contract law, the document includes a 'Warranties and Disclaimers' clause. This recommended section clearly states that the vehicle or equipment is sold 'as-is,' protecting the seller from future claims regarding mechanical failure or driver violations once the asset has changed hands.
Under FMCSR (Federal Motor Carrier Safety Regulations), maintaining accurate records of equipment transfer is critical. Including the DOT number, VIN, and engine serial numbers ensures the Description of the Item Sold is unambiguous, preventing disputes over the specific asset transferred and ensuring the buyer can properly register for Unified Carrier Registration (UCR).
This Florida statute specifies the statute of frauds for the sale of goods over $500, requiring a written contract for the agreement to be legally enforceable. For trucking owners, this means a verbal agreement on a used trailer or hauler is not enough to protect your legal interest in court.
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Privacy Policy
For this bill of sale to be legally valid:
Common mistakes to avoid:
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