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Ark. Code Ann. § 27-14-1004(a) imposes a late registration penalty of $3.00 for each ten days a person fails to properly register a motor vehicle until the penalty reaches the same amount as the annual license fee of the vehicle, which may range from $17.00 to $30.00.
How to Sign Your Title in Arkansas (AR)Front of title - sign where it reads "Owner's Signature"Back of title - sign where it reads "Signature and address of Seller(s)"Back of title - print name where it reads "Printed Name"Back of title at the top left - print WHEELZY where it says "Buyer(s) Printed Name."
In most cases, a completed title is sufficient to register a car to a new owner in Arkansas. However, if there is no more room on the title to record the sale, or if the seller wants to claim a tax credit towards the purchase of a new vehicle, the seller should fill out a Bill of Sale.
In Arkansas, a bill of sale is required to register any newly purchased boat or vehicle and may need to be notarized. Once the necessary bill of sale has been completed with the buyer and seller's information, both parties must sign the document to officially transfer ownership of the item.
You can supplement, but not replace, the title with a completed Bill of Sale Form. So don't accept only a Bill of Sale in place of a title! The Arkansas Office of Motor Vehicle will accept a completed title instead of a Bill of Sale Form, as long as the title includes all the required information (see above).