Understand what a Florida Department of Revenue Certificate of Compliance is, why it is requested in a business or liquor-license transaction, and how buyers, sellers, lenders, and closing professionals use it during diligence.
A seller may request a Certificate of Compliance to provide a current point-in-time statement concerning the account. In a liquor-license or business transaction, it can help the buyer and lender evaluate unresolved Florida tax exposure before closing.
A Certificate of Compliance is not title insurance, does not eliminate every possible tax issue, and does not replace DBPR/ABT approval of a liquor-license transfer.
Review it together with DBPR/ABT license status, ownership records, UCC and lien searches, payoff or release documents, escrow instructions, and any lender-specific closing conditions.
Florida Liquor License Market is not FDOR and does not provide tax or legal advice. Requirements vary by transaction and current agency procedure.
