CONTRACT AND BILL OF SALE FOR AUTOMOBILE
______________________________________ ("Seller") agrees to sell to(Print Full Name) ______________________________________ ("Buyer") the following automobile:(Print Full Name)Make: _______________________________ Model: ______________________________Year of automobile: _________ VIN#: ______________________________________,pursuant to these terms:
The date of the sale of the Vehicle is ________________, 20___.
The total purchase price of the Vehicle is _______________________ Dollars($_________).
In exchange for the Vehicle, on the day of the sale, Buyer will pay Seller $_______ incash (U.S. Dollars) as payment in full.
Upon receipt of payment as provided above, the Seller agrees to provide the followingdocuments to Buyer at the time of Sale:
Certificate of Title (including Odometer Disclosure Section), signed by Seller.
A current valid Registration for the Vehicle.
A current valid Inspection for the Vehicle.
The Seller agrees to deliver the Vehicle to Buyer with a current registration and a cleartitle. Seller warrants that Seller is the legal owner of the Vehicle and that the Vehicle isfree of all legal claims, liens, and encumbrances. The Seller agrees to pay for and deliverany necessary smog certification to Buyer before the sale date. [NOTE: an updatedsmog certification may not be required if the Vehicle is less than four years old.]
The Vehicle is sold "as is," and the Seller makes no express or implied warranties as tothe condition or performance of the Vehicle, except as follows: to the best of Seller'sknowledge, this vehicle:is is not,a salvage vehicle.has has not,been declared a total loss by an insurance company.has has not,been repaired pursuant to a Lemon Law.
The Buyer agrees to register the Vehicle in his/her name with the North CarolinaDepartment of Motor Vehicles within one week of the date of the sale. ______________________________________ Date: ___________________[Signature of Seller] ______________________________________ Date: ___________________[Signature of Buyer]*OTHER POINTS TO REMEMBER:
The Seller should file a Notice of Transfer and Release of Liability with the DMV within 5days of the sale.
The Buyer must go to the DMV to compete the transfer of ownership within 10 days of the sale.
Page 1 of 2(CONTRACT AND BILL OF SALE FOR AUTOMOBILE)