Do I Need a Bill of Sale in North Carolina?
A North Carolina Bill of Sale is a legal document filled out during the transfer of all types of property from vehicles to electronics in the state of North Carolina. It is legal evidence of the transfer of the described goods. It can also be used to prove the ownership of the property. If filled out properly, it is accepted by all government agencies and serves as reliable protection against fraudulent claims that may occur in the future for both the seller and the purchaser.
You are required to complete a bill of sale if you are buying or selling a boat, and if you are a part of the agreement between private business and the North Carolina Department of Transportation involving personal property. Otherwise, the form is optional, but you may prefer to negotiate and fill out this document to record essential information about the sale. The buyer has written evidence of legal purchase, while the seller can demonstrate the bill of sale to be free from any responsibility for the property and its use.
North Carolina Bills of Sale are usually divided into several categories:
- Generic. It is normally used when selling or buying personal items. There is no government-approved form for this purpose in North Carolina, but if you add basic information about your deal to this document, it becomes valid.
- Vehicle. It is a legal certificate needed to transfer the ownership of a motor vehicle from one party to another. Most vehicle sale receipts require a full description of the vehicle, including its make, model, color, identification number, and odometer reading.
- Boat. A Bill of Sale for a Vessel, issued by the North Carolina Wildlife Resources Commission, is an official form required to outline main details about the sale of any boat. It contains a full description of the boat, including its hull identification number.
- Firearm. A gun bill of sale records the sale of a firearm to an individual in writing.
- Personal Property. It is a specific document used by the North Carolina Department of Transportation to enter into transactions with private corporations and partnerships in order to buy personal property, or materials.
These documents should be completed in two original copies for each party of the transfer.
Does a Bill of Sale Need to Be Notarized in North Carolina?
Generally, a Bill of Sale in North Carolina does not have to be notarized, unless you are selling or buying a vessel - in this case, a notary public witnesses the deal and signs the form adding a notary seal. Also, a Bill of Sale - Materials requires notarization because one of the parties to this deal is the North Carolina Department of Transportation. Notarization gives your document greater integrity, that is why many counterparts choose to have a notary seal on their bills of sale. It is a good idea to add an extra layer of protection to your document.
Fill out this form if you wish to buy or sell a boat in the state of North Carolina. It allows you to record important details pertinent to the watercraft transfer. The document is accepted by all government bodies in North Carolina as proof of sale.
This legal document is used to transfer ownership of personal property. It is signed by a private enterprise and the North Carolina Department of Transportation to give the latter the ownership of various kinds of personal property.
Fill out this form in order to have a written record of firearm transfer form one party to another. This form normally contains the most essential information about the deal, such as the names of both parties of the sale, description of the sold firearm that allows to identify it clearly, sales price, date of sale, and signatures of both parties.
Fill out this document to record the details of a vehicle sale in the state of North Carolina. The Bill of Sale must be accompanied by the Form MVR-180 (Odometer Disclosure Statement) issued by the North Carolina Department of Transportation.