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Bill of Sale Requirements Buyer's and seller's names, addresses, phone numbers, and signatures. When the final payment was made. A description of the vehicle, including the make, model, year, and VIN (Vehicle Identification Number) Date and location of the vehicle sale. Vehicle sale price. Odometer reading.

In North Carolina, bills of sale presented for registration of a motor vehicle or vessel must be notarized. Certification/Signature: The signature of the seller and/or buyer, depending on the form, finalizes the transfer.

Do both parties have to be present for title notarization? Both the seller and the buyer don't have to be present in person during notarization. With remote notarization, a notary agent can take care of the signing through a video conference solution.

A Bill of Sale can be used for any transaction in North Carolina, but its most typically used for the purchase and sale of used cars. In most cases, the contract is legally binding between buyer and seller as long as the bill of sale follows guidelines that are required in North Carolina.

For a title transfer, the information on the back of the original title must be completed by both the original owner and the recipient. North Carolina titles must be notarized. For out-of-state titles, NCDMV will recognize that state's requirements.

Step 1: Allow the buyer to have the car inspected by a third party. ... Step 2: Organize and gather all related vehicle documentation. ... Step 3: Bill of Sale. ... Step 4: Odometer and Damage Disclosure. ... Step 5: Notarize and transfer the title. ... Step 6: Remove your license plates and cancel your insurance.