Not required. Still worth having.
The title transfers ownership — and the buyer leaves with it. A separate bill of sale gives both of you something to keep.
It records who bought and who sold, the agreed price, when the vehicle changed hands, and any other terms you write into it, such as what was included or that it was sold as-is.
It does not replace the signed title or any notice Florida requires. You may not need one for the state. You may still want one for your own records.
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