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

State:
North Carolina
City:
High Point
Control #:
NC-00431B
Format:
Word; 
Rich Text
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.

The High Point North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a legally binding document that transfers the ownership of a motor vehicle from one party to another in the city of High Point, North Carolina. This document is necessary to provide a clear record of the transaction and protect the interests of both the buyer and the seller. One type of High Point North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale is the standard form which includes all the essential information required for a vehicle sale. It should clearly state the vehicle's make, model, year, VIN (Vehicle Identification Number), and license plate number. Additionally, it should include the purchase price, the date of sale, the full names and addresses of the buyer and seller, and any agreed-upon terms and conditions. Another type of Bill of Sale of Automobile and Odometer Statement for As-Is Sale in High Point, North Carolina is the odometer disclosure statement. This statement is specifically designed to document the accurate mileage of the vehicle at the time of the sale. It presents crucial information to prevent any fraudulent practices related to the vehicle's mileage. The odometer statement must be completed and signed by both the buyer and the seller. It is important to note that the High Point North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale specifies that the vehicle is sold "as-is," meaning that the buyer agrees to accept the vehicle in its current condition, without any warranties or guarantees, either expressed or implied. This statement protects the seller from any future claims or liabilities arising from the vehicle's condition after the sale. To fill out the High Point North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale, both parties must provide their contact information, including names, addresses, and telephone numbers. The buyer and seller should carefully review and understand the terms of the sale before signing the document. It is advisable to have the bill of sale notarized for added security, although it is not a legal requirement in North Carolina. In conclusion, the High Point North Carolina Bill of Sale of Automobile and Odometer Statement for As-Is Sale is a vital document in vehicle transactions in High Point. It ensures a legally binding transfer of ownership and provides protection for both parties involved. By accurately documenting the vehicle's information, the sale price, and including an odometer statement, this document safeguards against potential disputes in the future.

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

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FAQ

It's a legal requirement to provide a copy of the bill of sale for a motor vehicle transaction from a dealer to the state Division of Motor Vehicles (DMV).

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.

STATE LAW REQUIRES YOU TO DISCLOSE SIMILAR DAMAGE INFORMATION WHEN YOU SELL OR TRANSFER TITLE TO THIS VEHICLE. NOTICE TO BUYER: RETAIN THIS INFORMATION. STATE LAW REQUIRES YOU TO DISCLOSE SIMILAR DAMAGE INFORMATION WHEN YOU SELL OR TRANSFER TITLE TO THIS VEHICLE.

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.

What to include on a receipt. Your business name, address, and phone number. Sale date and time. Transaction number. Product or service description. Cost. Tax, if required.

A receipt is any document that contains the following five IRS-required elements: Name of vendor (person or company you paid) Transaction date (when you paid) Detailed description of goods or services purchased (what you bought) Amount paid. Form of payment (how you paid ? cash, check, or last four digits of credit card)

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.

How to Write Step 1 ? Save The As-Is Bill Of Sale To Properly Document Your Transaction.Step 2 ? Produce The Date Of Reference For This Sale.Step 3 ? Identify The As-Is Seller.Step 4 ? Name The Purchaser Behind This Sale.Step 5 ? Record The As-Is Transaction Amount.Step 6 ? Discuss The Purchase Details.

How do I write a Bill of Sale? Describe the item. Provide the property's details.Provide each party's information. List the name and address of both the seller and the buyer.Outline payment details. State the item's sale price and specify if sales tax will apply to the sale.Note any loans or liens.

1 Notarization is required.

More info

A bill of sale can help protect buyers and sellers of valuable property, like vehicles, firearms, boats, and more. Here's how bills of sale work in Hawaii.Shop our extensive selection of used cars, purchase online and we will deliver to your home, just about anywhere! Bill Black Cadillac offers Cadillac sales and service to GREENSBORO and Winston-Salem. Browse our inventory and more at our site. You may use colored ink to fill in the blanks. Commercial Driver's License (CDL), School Bus. Can a driver holding an out-of-state CDL drive a school bus for a Vermont school? These include the odometer disclosure statement that notes and verifies the vehicle's current mileage at the time of purchase. Filling Out a Bill of Sale Form.

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