This PROMISSORY PRICE NOTE (« Note ») is given to guarantee payment of the purchase price of the following boat (« Boat »): Where they register – If you purchase a vehicle from a dealership, the dealer will generally complete your registration for you and provide you with a temporary day until all steps are completed, usually a 30-day day. Be sure to ask the retailer or dealer if they are authorized to provide this service so you know what`s in store for you. If you purchased from an individual, you must either make an appointment or you can board your documentation and register your vehicle at one of the sites of the Motor Vehicle Control Centre in your county. Ship registration is an essential exercise in Florida. The objective is to identify all vessels operated in waterways and for registration purposes. The process protects boat owners from unscrupulous transactions and theft of other dishonest boats. Registration is covered by the Department of Road Safety and Motor Vehicles. Step 4 – Section 3 – Certification – This section contains certifications, vendor information, co-sellers, buyers, co-buyers, co-buyers and all necessary signatures. Provide the following information as required in each box: KNOW ALL PERSONS BY THESE PRESENTS: THAT I, ________________________________________________ [seller`s name], (« Seller »), of ___________________________________________________________ [seller`s address], County of ________________, Florida, in consideration of a Promissory Installment Note for $ ___________________________________________________________ dollars ($_________________) and a down payment of $ ___________________________________________________________ dollars ($_________________), receipt of payment acknowledged, do hereby sell and transfer to ________________________________________________ [buyer`s name], (« Buyer »), of ___________________________________________________________ [buyer`s address], County of ________________, Florida, his/her successors and assigns, the following boat (« Boat »), which is located in the County of ________________, Florida: After finalizing the vessel transaction, which entails completing the bill of sale template and making payments, the boat is now yours, but not on paper.
You must register it on your behalf as a new owner. Be sure to start the process 30 days after purchase. There is a certification section that requires the information provided by the seller and the option of a co-seller, buyer and co-buyer. Below are the details to be filled out: Registration must be completed within 30 days of purchase. All new owners should consult the facts for shipowners. Please note that if you have purchased a boat in a state other than Florida, please contact our office at 941.861.8300, option 2 for instructions. 6. STANDARD AND ACCELERATION CLAUSE.
If the borrower is late in paying this note or fulfilling a bond and the late payment continues after the recipient has announced to the recipient the default and the period within which he or she must be cured, in accordance with the law or in writing, the beneficiary may immediately declare the outstanding principal balance and interest earned on that note.