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The article has been updated successfully but requires approval before it is published.When gifting a car, what is required to transfer the title in NC? North Carolina
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Gifting and Titles
To gift a car, you complete a title transfer. The only difference is you will write "gift" where the title asks for a purchase price.
Recipients of vehicles as gifts must pay the Highway Use Tax, unless they are related as spouses or parent/child.
Completing a Title Transfer
To complete a title transfer, the previous owner and new owner will have to notarize several forms. These forms, except for the actual car title, which the old owner should have, can be found at the NC DMV website:
- Title Application.
- Car title, signed over to the new owner. This is like a bill of sale. Fill out the odometer reading if the car is 10 years old or newer.
- Declaration of Eligible Risk.
Once these forms are completed, the previous owner needs to take back the North Carolina license plate, too.
The new owner must next get to the DMV for title and registration. In fact, if there is no new title within 28 days of when it was signed over, there will be a $15 charge.
To wrap up the title transfer, the new owner must schedule an appointment at a DMV Vehicle & License Plate Office and bring:
- The notarized forms, your drivers license, and proof of insurance.
- Applicable fees. There is a $40 fee for a new title (Raleigh and Charlotte have an Instant Title service for $75) and there will be a separate charge for the Highway Use tax, which will be calculated at the DMV office.
- Applicable registration requirements and fees. This might also mean proof of an emissions check and safety inspection.
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