In order to complete the application procedure for registering a custom car, vehicle owners need to satisfy certain requirements set by the Arkansas Department of Finance and Administration (DFA) and to submit the necessary documents in person. The state has a usury limit at 18% APR on any consumer credit transaction in Arkansas. Arkansas is a "Fault" Car … You should also expect to pay a $10 title fee as well as a registration fee, which depends on the size and type of the car. Code Ann. The federal excise tax is not included in the taxable amount. Note: State laws are always subject to change, most commonly through the enactment of newly signed legislation but also through higher court decisions and other means. This section contains user-friendly summaries of Arkansas laws as well as citations or links to relevant sections of Arkansas's statutes.Please select a topic from the list below to get started. In Arkansas, defaulting on a loan or not paying your car insurance fees are sufficient grounds for repossession. Arkansas only has a 6.5 percent sales tax on cars. This is no exception in Arkansas, where a lender can repossess your car if they have a car title with their lien on it. Certainly tedious, many of the required paperwork and documents needed to sell a car in Arkansas, end up being more of a benefit to you! Title, Registration and Lien Record Search Purchase title, registration and lien records. Arkansas Car Sales Tax. § 27-50-1204 - Penalties. All vehicles in Arkansas must be registered in order to be legally driven on the road. Car insurance is certain to play a part in any claim that's made after a car accident. The car must have been flooded up to dashboard level. The Arkansas Department of Finance and Administration, through its Office of Driver Services, and the Arkansas State Police are in charge of licensing for all drivers in the state. Penalty. Once it is determined that the abandoned vehicle was not stolen and that you can legally title the vehicle, the revenue office will provide you with the titling forms and help you in processing them with the Arkansas … Permit is valid for 90 days. Once a vehicle has been issued a salvage title, it can no longer have a “clean title”. Arkansas bases its sales and use tax on the total delivery price, which includes any rebate, extra equipment, extended warranties and freight charges. There are states that require car insurance companies for both first party and third party. Arkansas Law; Official State Codes - Links to the … Transportation § 27-50-1101. File car title forms with your local revenue office. Check out what’s needed to sell your car in Arkansas. Nonconsensual towing of a vehicle, implement, or piece of machinery. The Massachusetts title law requires that all motor vehicles and trailers be titled within 10 days of purchase. Click here to learn more and sign up. Go to Title, Registration and Lien Record Search Under Arkansas law, there can be serious penalties for failing to provide proof of insurance. TITLE 18 PROPERTY. 2010 Arkansas Code Title 27 - Transportation Subtitle 4 - Motor Vehicular Traffic Chapter 50 - Penalties And Enforcement Subchapter 12 - Removal of Unattended or Abandoned Vehicles § 27-50-1201 - Applicability. Arkansas Motor Vehicle Commission 900 W. Capitol Avenue, Suite 400 Little Rock, AR, 72201 Phone: (501) 682-1428 Fax: (501) 682-5573 52) Seat Belt / Child Restraint Violations: Seat belt use required (AR Code section 27-37-702) Child Passenger Protection (AR Code Title 27, Ch. How to Sell a Car in Arkansas: Documents Required. Non-residents with temporary worker’s or visitor’s permit must register vehicle within 10 days of entering state. Arkansas, like most states, requires vehicle owners to maintain certain minimum amounts of coverage in order to operate a vehicle legally on the state's roads and highways. Passenger vehicles with a model year of 1980 and older, purchased before November 26, 1990 are exempt from titling. Cancel « Prev. According to the state of Arkansas, a salvage vehicle is a vehicle that has at least one of the following characteristics: The damage must be at least 70% of the value of the car. Late fees do apply if you fail to register your vehicle within 30 days. 34) Speeding: Speed Limits (AR Code Title 27, Ch. Requires subscription. Read on for the details of Arkansas's auto insurance rules and how coverage is likely to affect a car accident case. Consumers Complaint Process Forms & Publications Laws and Rules Rules 1-10 Law Subchapter 1-10 Commissioners Hearing and Decisions Agenda & Minutes Notice of Violations Investigations Frequently Asked Questions Education & Training Grant Program Average DMV fees in Arkansas on a new-car purchase add up to $32 1, which includes the title, registration, and plate fees shown above.. Arkansas Documentation Fees . 51, Sub-Chapter 2) Unlawful Vehicle Modifications: Size and Load Regulations (AR Code Title 27, Ch. 501.682.3589 For example, a car valued at … Penalties for Failure to Show Proof of Insurance. PermanentAutomobile LicensingAct, §§ 27-14-1001 to 27-14-1021 138 Subchapter 11. Special Personalized Prestige License Plates, §§ 27-14-1101 to ... Arkansas Motor Vehicle and Traffic Laws ARKANSAS CODE. In Arkansas, the required bond amount is 1.5 times the state’s estimated value of the car. This is per the State Constitution, and the only way to change this is to have a vote by citizens to change the constitution. Arkansas Mechanics Lien & Auto Title Services Pursuant under the State of Arkansas Lien Foreclosure Procedure Law --- Notice of a Mechanic’s Lien Foreclosure shall be provided to all Owner(s), Renewal Recipient(s) Person(s) on the Work Order, and Lienholders(s) with interest in a vehicle subject to a mechanics lien foreclosure. Others only pertain to … If the request for a bonded title is approved, the OMV mails out a letter of approval to apply for bonding as well as a valuation of the vehicle to the owner. 7:02 PM 1 comment. State laws vary on whether sales tax is required for total loss settlements. §27‐14‐911 provides that the owner of a motor vehicle, who has made a bona fide sale or transfer of his title or interest and has delivered possession of the motor vehicle to the purchaser, Like all other states in the country, Arkansas requires a vehicle title to prove ownership of a vehicle (within certain limits, ages, and vehicle types). In any state, a lender has a right to repossess your collateral if the lender has a valid loan agreement you signed and a perfected security interest in the collateral. ARKANSAS STATUTES TITLE 27 MOTOR VEHICLES 27-20-201. Payment for all applicable fees. Proof of insurance is also required when obtaining or renewing a vehicle’s registration or title. The original Arkansas title certificate. State laws vary on the topic of recouping expenses after your car is totaled. Persons are considered residents of Arkansas if they reside in the state for any period exceeding 6 months in a calendar year, or if domiciled in Arkansas for any period of time. STATE OF ARKANSAS NOTICE OF TRANSFER OF OWNERSHIP OF A MOTOR VEHICLE Ark. Arkansas Pawn Shops are regulated and licensed by the Sheriff of the county in which the pawn shop regularly does business. So, understanding the Arkansas auto insurance rules is essential to any potential car accident case. Traffic-Control Devices (AR Code Title 27, Ch. Transfers of Title and Registration, §§ 27-14-901 to 27-14-917 ..... 132 Subchapter 10. The first offense garners a fine between $50 and $250. Arkansas Car Title & Repo Laws. Arkansas, like most states, requires vehicle owners to maintain certain minimum amounts of liability coverage. Nearby, in Tennessee, it’s 7 percent. These are more typical if you buy the car from the dealership as opposed to a private party. This year, the Arkansas House of Representatives passed several bills that are set to take effect on January 1, 2020. Arkansas allows ten days from the time of the repossession where … Dealerships may also charge a documentation fee or "doc fee", which covers the costs incurred by the dealership preparing and filing the sales contract, sales tax documents, etc. 35) A Certificate of Title for a motor vehicle is a legal document issued by a state to certify the vehicle's ownership. Search by Keyword or Citation; Search by Keyword or Citation. NOTE: If you keep your car after a total loss settlement with your insurance company, you must notify the OMV that your car … § 27-50-1203 - Arkansas Towing and Recovery Board -- Creation. Chapter 13 - General Provisions; Chapter 14 - Uniform Motor Vehicle Administration, Certificate of Title… Search Arkansas Code. 501.682.3801 | FAX . Under Arkansas law, once the creditor repossesses the car, it can resell the vehicle in a public or private auction. SUBTITLE 4 MORTGAGES AND LIENS. Arkansas Code Title 27. Arkansas Trailer Mirror Laws Every motor vehicle which is so constructed or loaded as to obstruct the Driver’s view to the rear thereof from the Driver’s position shall be equipped with a mirror located so as to reflect to the driver a view of the highway for a distance of at least 200 feet to the rear of the vehicle. You may want to contact an Arkansas landlord-tenant law attorney or conduct your own legal research to verify the state law(s) you are researching.. Research the Law. However, if a repo agent breaches the peace or takes any personal items that are in your car, you may have grounds for getting fines or damages paid back to you. Any owner of a three-wheeled or four-wheeled all-terrain cycle failing to register it within thirty (30) calendar days after the transfer date or the date of release of a lien by a prior lienholder Contact your local OMV office for specific costs. For those hunting for used cars, Arkansas can be a good state to be in. 7418 North Hills Boulevard – North Little Rock, Arkansas 72116 Office . 2010 Arkansas Code Title 27 - Transportation Subtitle 2 - Motor Vehicle Registration And Licensing. The state requires both the buyer and the seller to complete several specific steps during the process of the sale to ensure that the title … Most states, however, give the consumer a short period of time in which they can "redeem" the vehicle. Arkansas Law Welcome to the Arkansas Laws section of FindLaw's State Law collection. § 27-50-1202 - Definitions. Drivers can apply for custom or antique vehicle registration in Arkansas if they own custom-made autos, street rods or antique cars. 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