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Old 07-26-2008, 02:51 PM
 
492 posts, read 2,108,381 times
Reputation: 195

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I'm about to buy a vehicle from a private party in another state.

They will sign over the title, and give me a bill of sale/purchase agreement. In their state, nothing has to be notorized.

How about here in NC? Should I insist that signatures on the sales agreement or title sign-over be notorized? I can't find whether this is required on the NC DMV website.

Thanks!
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Old 07-26-2008, 02:56 PM
 
Location: Ellicott City MD
2,270 posts, read 9,149,679 times
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You need the title notarized. You also need a damage disclosure statement. See this link for exact info:
NCDOT Division of Motor Vehicles: How do I title & register a vehicle?

"To register a vehicle purchased from an individual:

Furnish the title properly assigned, and notarized to you. If any liens are shown on the front of the vehicle's title, you will need a lien release"
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Old 07-26-2008, 02:59 PM
 
Location: Chapel Hill, NC
1,105 posts, read 2,734,102 times
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Quote:
Originally Posted by J_Lurk View Post
You need the title notarized. You also need a damage disclosure statement. See this link for exact info:
NCDOT Division of Motor Vehicles: How do I title & register a vehicle?

"To register a vehicle purchased from an individual:

Furnish the title properly assigned, and notarized to you. If any liens are shown on the front of the vehicle's title, you will need a lien release"
It says that, but we "bought" a car from family members in Florida, where the title doesn't require notarization upon transfer, and my wife didn't have any issue when registering the car. We did do the damage disclosure statement, though.
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Old 01-23-2009, 08:06 AM
 
3,743 posts, read 13,706,114 times
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Fwiw, I bought a vehicle from VA where it is not required to be notarized, and NC DMV is fine with that - only NC titles need to be notarized.
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Old 07-31-2009, 10:36 AM
 
3 posts, read 19,449 times
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Know this says nc but maybe j lurk can help. Am trying to payoff a vehicle that was financed in someone elses name through a finance company and receive the title. What would you suggest? Ty
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Old 07-31-2009, 12:32 PM
 
Location: Cary, NC
2,407 posts, read 10,681,100 times
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The finance company needs to release the lien, and then the seller needs to notarize the title to transfer title to you. You then take the title down to the DMV plate office to get a new title.
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Old 07-31-2009, 12:44 PM
 
3 posts, read 19,449 times
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How do you get them to release the lean? We would ideally like for the person to never see the title. Our fear is if he changes his mind once we pay the car off. An attorney suggested having a transfer of title signed before we send in the money then writing a letter asking the finance co. To send the title to us, then, we could bring the title and form to DMV. Sound good?
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Old 07-31-2009, 04:20 PM
 
143 posts, read 417,117 times
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Quote:
Originally Posted by J7007 View Post
How do you get them to release the lean? We would ideally like for the person to never see the title. Our fear is if he changes his mind once we pay the car off. An attorney suggested having a transfer of title signed before we send in the money then writing a letter asking the finance co. To send the title to us, then, we could bring the title and form to DMV. Sound good?
You may get lucky, but I don't know of any finance company that would do that. The best thing would be to have the seller sign a power of attorney to the bank that holds the title, then have the bank sign it over and mail it to you if you don't want the seller to see the title.
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Old 08-01-2009, 04:02 PM
 
3 posts, read 19,449 times
Reputation: 10
Thank you. Do you know where to get a power of attorney form for this use?
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