Is a bill of sale the same as a title in NC?

Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership. It's the final step in the process and proves that the buyer is the legal owner.

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North Carolina Bill of Sale of Automobile and Odometer Statement for...

Fayetteville North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale

Name: Fayetteville North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale
Brand: US Legal Forms
Rating: 4.66 (337 reviews)

Category:

North Carolina Bills of Sale - Automobiles

State:

North Carolina

City:

Fayetteville

Control #:

NC-00431B

Format:

Instant download

Description

This form is a bill of sale of an automobile. The seller(s) guarantees that the automobile is his/her/their property and is free of all claims and offsets of any kind. The bill of sale also states that the automobile is sold "as-is" without any warranties, express or implied. A separate Odometer Disclosure Statement is included with the bill of sale.

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How to fill out Fayetteville North Carolina Bill Of Sale Of Automobile And Odometer Statement For As-Is Sale?

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FAQ

Required Documentation for Registering New Cars in NC Valid photo ID or NC driver's license. Vehicle title that is notarized and signed. Proof of a valid car insurance policy. Completed title application (Form MVR-1) Completed Damage Disclosure Statement (Form MVR-180) if the car is less than 10 years old.

New Unregistered Vehicles Odometer Disclosure Statement (MVR-180): Seller shall disclose the mileage to the buyer in writing on the application with signatures and hand printed name. If a vehicle is 10 years old and older, odometer reading is not required.

A Bill of Sale is not legally required for selling a vehicle in North Carolina, but it's a good idea to create one for both you and the buyer. The Bill of Sale can be helpful if problems arise when the buyer goes to transfer the title or register the vehicle in their name.

Think of the two documents as complementary. While a bill of sale certifies a transfer of ownership between two parties, a title certifies the buyer's legal ownership. It's the final step in the process and proves that the buyer is the legal owner.

A North Carolina motor vehicle bill of sale is legal proof that a purchase and sale of a vehicle has been completed. This document provides required information about the seller, the buyer, the vehicle, and the change of ownership. This form may be required at registration and will require notarization.

Section 580.5(c) requires a transferor to sign, and to print his/her name on an odometer disclosure statement with the following information: (1) The odometer reading at the time of transfer (not to include tenths of miles); (2) the date of transfer; (3) the transferor's name and current address; (4) the transferee's

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. In-person signatures are always valid.

I, (seller's printed name) state that the odometer now reads (miles, no tenths) miles and to the best of my knowledge that it reflects the actual mileage of the vehicle described above, unless one of the following statements is checked.

Fayetteville North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale

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FAQ

What is needed to register a vehicle in NC?

Does NC require odometer disclosure statement?

Is bill of sale required in NC?

Is a bill of sale the same as a title in NC?

Is a bill sale a legal document in North Carolina?

Does federal administrative law require the transferor to disclose the odometer mileage?

Does NCDMV require a bill of sale?

Does the bill of sale have to be notarized in NC?

How do you fill out an odometer disclosure statement in NC?

Does N.C. require a bill of sale to be notarized?

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Fayetteville North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale

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