Do you need a vehicle bill of sale form in North Carolina? In the state of North Carolina, a bill of sale is only required when purchasing a vehicle from a dealership. This legal document will officially record the transfer of ownership.
Release of Liability: To protect yourself from any potential liability issues that may arise after the sale, complete and submit a Notice of Vehicle Sale (Form MVR-28) to the DMV. This form notifies the DMV that you are no longer responsible for the vehicle and its operation.
The vehicle's original or replacement title. Lien Release, if liens are shown on the vehicle title. Odometer Disclosure Statement form MVR-180, if applicable. Notarized Title Application form MVR-1.
There are several forms and documents you'll need: A valid and current proof of identification. Current maintenance and vehicle records. The vehicle's original or replacement title.
Do both the buyer and seller need to be present for a title transfer? Both parties don't need to be physically present at the DMV.
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.
All you need to do is meet the buyer at your bank. They can notarize the title for you there along with the bill of sale if you'd like. Once that has been completed, your part is over, the buyer takes the title to the license plate agency and gets a tag.
To transfer a vehicle's title, go to an N.C. Division of Motor Vehicles license plate agency or mail in the information outlined in the following steps: Meet the requirements and provide the proper documentation, including proof of liability insurance. Complete the appropriate forms.