Arkansas Security Agreement - Short Form

State:
Multi-State
Control #:
US-00626
Format:
Word; 
Rich Text
Instant download

Description

This security agreement is executed between the buyer and the seller as security for the payment of a seller note. As security for the obligations under the seller note, the buyer grants, pledges, transfers, sells, assigns, conveys and delivers to the seller a security interest in all of the right, title and interest of the buyer, in and to the personal property listed in a particular exhibit. Other provisions of the security agreement include: a granting clause, warranties of title, and insurance.
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FAQ

(c) In the case of a violation, the department shall terminate the suspension upon payment by the owner of the motor vehicle of a reinstatement fee of one hundred dollars ($100) and submission of proof of current insurance as verified through the online insurance verification system.

You'll need the Title or Bill or Sale, the latter of which includes a federal odometer statement, as well as your insurance card. You should also bring your county tax assessment if you've lived in the county the previous year. Also provide proof of any property taxes you've paid on the vehicle.

Arkansas Department of Motor Vehicles (AR) - DMV.

The Department of Finance and Administration (DFA) State Revenue Office Administrator is responsible for problem solving with the general public and directing the activities of the State's Revenue Offices in the collection of fees for driver services, motor vehicles, sales and use tax and real estate stamps.

If you're new to Arkansas or just bought a motor vehicle, you'll need to get it registered within 60 days. Do that and apply for your title, transfer your license plate and pay sales tax right here in just 15 minutes.

A new state law that goes into effect August 1st will make temporary tags valid for 60 days instead of 30. In February of 2022, KARK 4 News learned there were 29,400 cars on the roads in Arkansas with expired tags.

Arkansas Bill of Sale Requirements The Arkansas Office of Motor Vehicles (OMV) administers registrations and titles for vehicles and vessels (boats). The agency requires a properly completed title instead of a bill of sale for most property transfers.

Apply for Replacement Title Arkansas residents can apply at any state revenue office. Please allow a minimum of three weeks processing time to receive your title. ... Out of state applicants may apply in person at any state revenue office or by mail.

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Arkansas Security Agreement - Short Form