Selling a boat trailer in North Carolina

[agallant80]

Does anyone out there have any idea how to transfer ownership of a boat trailer in NC? I have an out of state buyer and the boat registration its self has a transfer of ownership but the registration for the trailer has nothing. To make this more complicated I have a note on the trailer and boat so I don't have the title for the trailer in hand.

 

[tpenfield]

Re: Selling a boat trailer in North Carolina

You will have to get the titles for boat and trailer from the note holder(bank) once the loan(s) is paid.

Signing over the title(s) should do it. Check your local laws, etc accordingly, but the 'bank' stuff is pretty consistent throughout.

 

[Thalasso]

Re: Selling a boat trailer in North Carolina

I would imagine your lending institution (bank) would take care of everything. Transfer and all

 

[cribber]

Re: Selling a boat trailer in North Carolina

No matter what... if the bank has a lien on the boat and trailer you'll have to clear the title with the bank before they transfer it to a new owner. You need to contact your lender and get their call on this one.

 

[bigdee]

Re: Selling a boat trailer in North Carolina

If you do not have the funds to remove the lien the buyer can pay off the lien as part of the purchase price if he is willing to go to the bank with you. Once the lien is payed off the bank will notarize your signatures and transfer of ownership on the tittle.

 

[UncleWillie]

Re: Selling a boat trailer in North Carolina

...the boat registration itself has a transfer of ownership but the registration for the trailer has nothing...

Boat registrations commonly are transferable.
Trailer and the other automotive registrations (License Plates) generally are NOT transferable.
You can usually transfer them to another (the New) trailer that YOU own, but not to another person.

When you sell an auto/trailer the plate comes off and stays with you. (Normally)
Check with your state DMV to be certain.

 

[Outsider]

Re: Selling a boat trailer in North Carolina

Have your buyer contact the appropriate agency in the state where he intends to title/register both boat and trailer, they will be the determinate factor in what he needs to have in hand. In any event, you will have to pay off the lien before any title assignment ...

 

[bigdee]

Re: Selling a boat trailer in North Carolina

Have your buyer contact the appropriate agency in the state where he intends to title/register both boat and trailer, they will be the determinate factor in what he needs to have in hand. In any event, you will have to pay off the lien before any title assignment ...

A signed and NOTARIZED title and bill of sale should be all the buyer needs to take to his DMV. My daughter just bought a horse trailer that the owner signed over the title to her but did not get it notarized....she is S.O.L. because the seller is over 400 miles away and has since passed away. She has found a way to get it registered but not legally.

 

[H20Rat]

Re: Selling a boat trailer in North Carolina

A signed and NOTARIZED title and bill of sale should be all the buyer needs to take to his DMV. My daughter just bought a horse trailer that the owner signed over the title to her but did not get it notarized....she is S.O.L. because the seller is over 400 miles away and has since passed away. She has found a way to get it registered but not legally.

Depends on your state.... In mine, notarized means no difference to the DMV. For a vehicle, they want the signed title and their own little form also signed, without that, no transfer. For a boat, they want a signed bill of sale. (I have never once walked into their office with anything that was notarized)