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Bill of sale NC

bill of sale nc
Posted in Bill of sale for motor vehicle, Various document templates By DavidPosted on

What is North Carolina bill of sale?

A North Carolina bill of sale is a document used to signify the exchange of legal possession of an item. A bill of sale NC is used first and foremost as a personal record. Only a bill of sale for a boat needs to be notarized.

Commonly used bills of sale in North Carolina

The most commonly used bills of sale in North Carolina are:

How to write a North Carolina bill of sale?

To write a North Carolina bill of sale you do not need to use complicated legal terminology. So, the seller and the buyer are parties involved in the sale. Not, that certain information should be included in every type of North Carolina bill of sale. Firstly, you are going to figure out about the basic information that should be included, afterwards, you will learn how to describe items for the most frequently used bills of sale. All of North Carolina bills of sale should include:

  • Date, when bill of sale was created (indicate the date at the top of the document). Note, that, if payment is fulfilled on a different date, then the document was made, you will have to add the payment date in the section where the price of the selling object is indicated
  • Full, legal names of both the seller and the buyer (designate who is the seller and who is the buyer. E.g.: Mark Moore, the seller and Erica Lopez, the buyer)
  • Legal address of the seller and the buyer (physical address)
nc bill of sale for car

Following constituents of a North Carolina bill of sale are description of the selling object and terms of sale. E.g.: if the and object is being given as a gift, that should be mentioned. If the object is being traded, the received trade must be explained. When selling an item, you should write the amount firstly in words, then in numbers. E.g.: five-hundred thirty-five dollars and no cents ($535.00).

It is always fair to include disclosure of the seller in the North Carolina bill of sale, though. it is not a legal requirement. The idea of a seller’s disclosure is to notify the buyer if there are any familiar flaws. It also notifies the buyer that the sale is “as-is,” meaning, that there is no guarantee on the object that you are selling.

Note: Every North Carolina bill of sale should be signed and dated by both the seller and the buyer.

North Carolina general bill of sale

General bill of sale North Carolina is used for selling common items such as, a television, bicycle, designer clothing, jewelry, bedroom furniture, gaming system, electronics, so, any item, besides a motor vehicle, boat and gun. Firstly, you should determine whether the selling item has a serial, registration or model number and if any of those are present, you should include in the North Carolina general bill of sale. You should also include in the document the information about physical characteristics of the item, such characteristics are: color, size, weight, height. If the item has a model or make number, you should include it in the NC general bill of sale as well.

Check out more, free, downloadable templates here.

North Carolina vehicle bill of sale

When you make a NC vehicle bill of sale, you should include details of the vehicle as follows:

  • Year
  • Make
  • Model
  • Vehicle Identification Number (VIN)
  • Odometer reading

In North Carolina, vehicle bill sale is only needed when the vehicle is being bought from a dealer. If the vehicle for sale is less than 10-years old, Odometer Disclosure Statement (MVR-180) must be filled out and also Damage Disclosure Statement (MVR-181) should be completed.

Is a North Carolina bill of sale necessary when registering a motor vehicle?

If a vehicle is purchased from an individual or donated or gifted, you will need following documents to register motor vehicle:

  1. ​Vehicle Title
  2. Lien Release (if liens are shown on vehicle title)
  3. Title Application (MVR-1)
  4. Odometer Disclosure Statement (MVR-180)
  5. Damage Disclosure Statement (MVR-181)
  6. Highway Use Tax Exemption Certification (MVR-613) – (When transferring between certain family members)

If a vehicle is purchased from a dealer, you will need following documents to register motor vehicle:

  1. Vehicle Title
  2. Bill of sale
  3. Title Application (MVR-1)
  4. Odometer Disclosure Statement (MVR-180)
  5. Damage Disclosure Statement (MVR-181)

Here you can download all the above-mentioned forms for free:

North-Carolina-Motor-Vehicle-Bill-of-Sale-Form-PDFDownload
Odometer-disclosure-statement-NC-MVR-180Download
Damage-disclosure-statement-MVR-181Download
Title-application-form-NC-MVR-1Download
Highway-use-tax-exemption-certification-NC-MVR-613Download

Bill of sale NC
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