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Although a bill of sale in North Carolina is not a requirement when titling or registering vehicles purchased from individual sellers or private parties, the document is a requirement when titling and registering vehicles purchased from a licensed car dealership.
The bill of sale must be notarized by a notary public and include identifying information about the vessel, information about the buyer and seller, the date of the transaction, and the sale price.
Sign the title with the seller and make sure to have it notarized. Get a lien release from the seller. Make sure that the seller provides you with an Eligible Risk Statement for Registration and Certificate of Title, a Damage Disclosure Statement and an Odometer Disclosure Statement. Complete the Title Application.
In simple situations where you own the vehicle outright and wish to transfer ownership to someone else, all you must do is complete a title certificate. Once you have filled out and signed the certificate, the buyer or recipient can take the title to a local DMV office and officially transfer ownership.
On the front of the title, near the middle, the seller must write in the current odometer reading on the vehicle. Near the bottom, the seller must fill in the following information on the appropriate lines: Date the vehicle was sold, and their printed name and signed name (which should be written on the same line).
Contacting the local Secretary of State (SOS) office via Phone or Email is free and is the most reliable way to check your business name availability. Online, you can search for North Carolina business entities for free via the North Carolina Secretary of State website (click here to visit).
North Carolina titles must be notarized. Sign your name (or names) on the back of the title where it says Seller(s) Signature(s). Print your name (or names) on the back of the title where it says Seller(s) Hand Printed Name(s).
You not need both parties to be physically present at the time of notarization, but you can only notarize for the person who is appearing before you. The other person can have their signature notarized at another time.