North Dakota Vehicle Bill of Sale Form
A North Dakota Vehicle Bill of Sale Form is an official document that primarily records the transfer of vehicle ownership. It details the sale and purchase of a vehicle between a seller and a buyer in North Dakota.
Why Do You Need a North Dakota Vehicle Bill of Sale?
A Vehicle Bill of Sale is vital in North Dakota when transferring a vehicle title. You also need it to register with the North Dakota Department of Transportation (NDDOT). It should include key info like:
- The vehicle identification number (VIN).
- The make and model of the car.
- The year and the odometer reading for cars under 10 years old.
- The purchase price: This is used for calculating the sales tax.
The buyer and seller must sign the agreement form for the NDDOT to accept it. Although a North Dakota Bill of Sale form does not have to be notarized. However, it is necessary to complete the odometer disclosure statement on the title.
Common Uses of a North Dakota Vehicle Bill of Sale
This form formally signifies that the seller no longer owns the vehicle. It transfers all associated liability to the buyer. For the buyer, it is primary evidence of their new ownership. It is necessary for securing registration, insurance, and future resale.
A properly executed North Dakota Bill of Sale Form:
- Ensures compliance with state regulations.
- Aids timely title transfer
- It helps prevent future disputes.
Yes, a Bill of Sale Form is essential for selling a car legally in North Dakota. The buyer is required to complete the transfer of title and the vehicle registration with the NDDOT. You will need this form to finalize this process correctly and promptly.
A North Dakota Bill of Sale should include the buyer's and seller's full legal names and addresses. The date of the transfer, the vehicle's year, make, model, VIN, and current odometer reading. It should also specify the sale price that the buyer has agreed to pay.
In most cases, the North Dakota Bill of Sale is not required to be notarized to be legally valid. However, the separate written odometer statement needs notarization for 10-year-old and newer vehicles. The vehicle title's assignment section generally also needs to be completed and signed by the buyer and seller. Notarizing this form may provide additional legal assurance for both parties.
The buyer needs a Bill of Sale to transfer a car title in North Dakota. This must be accompanied by the properly signed-over vehicle title from the seller. They also need a completed Application for Certificate of Title & Registration (Form SFN 2872). It must be submitted to a local NDDOT office or authorized agent.