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 Message Boards » » Buying a trailer - moving to CO 2 weeks later Page [1]  
bous
All American
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do i need to register it in NC and pay taxes or whatever if i'm moving to CO 2 weeks later? don't want to have to do it twice

also, does the person selling it to me just sign over the title and i'm done as far as being the owner?

3/11/2009 11:49:10 AM

tchenku
midshipman
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no idea

but sign it over as a "gift" to avoid taxes

3/11/2009 1:59:10 PM

underPSI
tillerman
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Quote :
"sign it over as a "gift" to avoid taxes"


i've never heard of doing that. there's actually truth to that? my pop's getting ready to give me his jeep and this would be a nice trick.

[Edited on March 11, 2009 at 7:44 PM. Reason : -]

3/11/2009 2:18:36 PM

mcangel1218
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^^^if the person transfering the title to you isn't related, they cannot gift it.

^ your dad is related, therefore he can gift it to you. you'll still have to pay property tax but you don't have to pay HUT when you register it.

3/11/2009 3:17:26 PM

BigBlueRam
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^^yep. check out the HUT exemptions section on the dmv website. it's under vehicle services iirc. there are a few of them. the vehicle has to currently be titled in nc though. out of state titles aren't exempt.

^you don't even have to be related. step parents is valid as well for example. there's also several other exemptions. none that really apply here though.

anyway, for the OP... just tow it out there. some states don't require trailers to be registered/tagged. for example, south carolina. if you get pulled, just say you bought it there. or, that you're borrowing it from someone that lives there. that way you wouldn't have any cause to have the title on hand either. as for insurance, the liability coverage on the towing vehicle extends to whatever is hooked to it (but NOT what is on/in it per se).

i would have the title notarized also just in case since nc requires it. the owner can actually do this himself without you present, it's only his info and signature that's being notarized. colorado doesn't require their titles to be notarized (or at least that was the case when i bought a vehicle there last year), but the law usually follows the requirements of the state that issued the title you're transferring.

[Edited on March 13, 2009 at 2:59 PM. Reason : .]

3/13/2009 2:58:13 PM

bous
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he signed over the title but we didn't get it notarized. anyone know if NC requires it? i didn't think it did...

3/14/2009 12:57:08 PM

shredder
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^ you should have had it notarized, when HE signed it. Technically it is not your vehicle unless you have someone notarize it, it is just a useless piece of paper. I don't think you can get it registered without it no matter where in the States you are, but I could be wrong. I couldn't get mine registered because it wasn't, but good luck.

Quote :
"colorado doesn't require their titles to be notarized (or at least that was the case when i bought a vehicle there last year)"


did not know this, I thought every State you had to have it notarized?

[Edited on March 14, 2009 at 2:28 PM. Reason : .]

3/14/2009 2:26:18 PM

BigBlueRam
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^nope, different states have different requirements. in fact, most states DON'T require a notary. some don't even require you have a title if the vehicle is of a certain age. however, most will generally default to the wishes of the state the vehicle is coming from before they issue a new title. that's because the old title has to be sent back to the issuing state for their disposal and update of records, so if it comes back without a stamp they don't consider it to be an official document. this results in the title not being removed from their system, and of course you can't have something titled in more than one place at a time.

^^nc absolutely requires it. you can take your chances on colorado accepting it without it being notarized, but i personally wouldn't take my chances. i'd say a call to their dmv is in order at least. you might also inquire about their requirements for titling/registering a homebuilt trailer. it could be it's so easy it's not worth messing with the nc title any further. if you can still get in touch with the seller easily enough, i'd just got ahead and get it stamped and be done with it though. or, if you know someone that's a notary possibly they'd do it for you on the dl. you're final and last option would be to go through the process of getting it retitled as a homebuilt trailer here before you leave. do a search, i've outlined the process for that in at least a couple of other trailer threads.

3/14/2009 4:00:02 PM

shredder
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^ that makes sense.

3/14/2009 4:01:06 PM

sd2nc
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Where you moving to in CO?

3/15/2009 4:01:17 PM

ScHpEnXeL
Suspended
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You have to get it notarized, period. States go by the state who issued the titles rules. i.e. Illinois doesn't require notarizing so a title from there doesn't have to be notarized no matter where it goes. NC has to be notarized no matter where it goes. Period.

3/15/2009 4:02:49 PM

BigBlueRam
All American
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Quote :
"MOTHER

FUCKING

PERIOD"






[Edited on March 15, 2009 at 5:04 PM. Reason : .........]

3/15/2009 5:03:10 PM

ScHpEnXeL
Suspended
32613 Posts
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Quote :
"EPIC

DOUBLE

PERIOD USAGE"

3/15/2009 5:10:36 PM

 Message Boards » The Garage » Buying a trailer - moving to CO 2 weeks later Page [1]  
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