Selling my car. Have questions about Title Transfer. (Raleigh: insurance, inspection)

[North_Raleigh_Guy]

Originally Posted by saturnfan

WARNING

Counterfeit cashier's checks are all over.

Only take one from the teller at the buyer's bank.

Don't worry, I only deal in actual cash when working on craig's list - and that is what the buyer paid with.

I agree, checks, including cahier's checks involve too much risk.

[dave in jersey]

Both time I have sold a car, I just took the title to the NR and signed it there. I let the buyer fill in their info after I got back from the NR.

[North_Raleigh_Guy]

Originally Posted by dave in jersey

Both time I have sold a car, I just took the title to the NR and signed it there. I let the buyer fill in their info after I got back from the NR.

^ That is exactly what I ended up doing. Everything worked out fine. Always nice when the transaction goes smoothly!

[dave in jersey]

[orogers]

There has been a lot of disagreements between two nataries, about notarizing a vehicle title..... It is my understanding that "ONLY" the seller signature need me notarized. A teller at the bank, says that both seller and buyer signatures need to be notarized. I do not remember that being so, and have not found clarification in notary guidebook.

[wheelsup]

Originally Posted by orogers

There has been a lot of disagreements between two nataries, about notarizing a vehicle title..... It is my understanding that "ONLY" the seller signature need me notarized. A teller at the bank, says that both seller and buyer signatures need to be notarized. I do not remember that being so, and have not found clarification in notary guidebook.

You are correct the notarization is there solely there to prove the owner of the car actually is the one signing it.

Banks don't sell cars just tell them to notarize the signature.

[purcitron]

As the seller, can I notarize the title 1 month before the sale actually happens. In my state only the seller's signature has to be notarized.

[Jkgourmet]

Originally Posted by wheelsup

You are correct the notarization is there solely there to prove the owner of the car actually is the one signing it.

Banks don't sell cars just tell them to notarize the signature.

I actually went thru this LAST WEEK with a title for a boat trailer (value was $300). I went to first citizens with the blank title and they flat out refused to notarize it without the buyer's name and address on the title. After a lot of arguing, I finally put the buyer's information on the title and they notarized it. Guess what? Buyer changed his mind. Now I have his non refundable deposit but an unclean title that can't be transferred to anybody except the buyer who flaked.

Long phone calls with the NC title department ensued. Easiest solution was to file for a lost/duplicate title for twenty bucks. By mail only. NC will hold reissuing the title for 15 days then send me a new clean title.

I asked about the bank's ridiculous policy and was told by NC title depth that they WERE following the law, but admitted that many notaries don't. Their suggestion (and the one I'm likely to follow) is make the buyer go to the bank with me. PITA.

This info from NCDOT seems to indicate that the buyer's address and name ARE required, but who knows. https://www.ncdot.gov/dmv/vehicle/title/transfer/

[wheelsup]

Originally Posted by Jkgourmet

I actually went thru this LAST WEEK with a title for a boat trailer (value was $300). I went to first citizens with the blank title and they flat out refused to notarize it without the buyer's name and address on the title. After a lot of arguing, I finally put the buyer's information on the title and they notarized it. Guess what? Buyer changed his mind. Now I have his non refundable deposit but an unclean title that can't be transferred to anybody except the buyer who flaked.

Long phone calls with the NC title department ensued. Easiest solution was to file for a lost/duplicate title for twenty bucks. By mail only. NC will hold reissuing the title for 15 days then send me a new clean title.

I asked about the bank's ridiculous policy and was told by NC title depth that they WERE following the law, but admitted that many notaries don't. Their suggestion (and the one I'm likely to follow) is make the buyer go to the bank with me. PITA.

This info from NCDOT seems to indicate that the buyer's address and name ARE required, but who knows. https://www.ncdot.gov/dmv/vehicle/title/transfer/

Yes the buyers info is required to title a car. That is just common sense . You can't title a car in your name without your name being on the title...

I think you are confusing two separate events. One, when it's sold/signed over and two when it's actually transferred (i.e. "titled") at the DMV.

Look here under "Where do I sign my title"

Donate Car NC - Car Donation North Carolina | Kars4kids

If your bank's notary refuses to understand common practice just fill it in with a pencil next time .

[wheelsup]

Originally Posted by purcitron

As the seller, can I notarize the title 1 month before the sale actually happens. In my state only the seller's signature has to be notarized.

Just be careful. If you lose the title or it's stolen someone can just fill it in. Akin to a blank check.