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FL S1636
Bill
AI Summary
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Allows a motor vehicle dealer, purchaser, and lien claimant to rescind or cancel a motor vehicle sale before a certificate of title application is submitted, with all fees and taxes returned to the rightful parties.
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Requires the Department of Highway Safety and Motor Vehicles to rescind, cancel, or revoke a title application or issued title within 7 days of receiving a notarized affidavit signed by all relevant parties, executed within 60 days of the sale.
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Mandates return of fees paid to the department (except certain fees under s. 319.32) and refund or credit of sales taxes to the motor vehicle dealer in the manner prescribed by the Department of Revenue.
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Prohibits motor vehicle dealers from offering a rescinded or canceled vehicle for retail sale until receiving a new certificate of title from the department reflecting the dealer's name and prior odometer reading.
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Requires the affidavit to be filed no later than 30 days after execution by all parties, and specifies that a rescission or cancellation does not negate the vehicle's history of previous retail sale.
Legislative Description
Rescission or Cancellation of a Motor Vehicle Sale
Last Action
Died in Fiscal Policy
5/5/2023