15A NCAC 10F .0103       TRANSFER OF OWNERSHIP

(a)  Transfer of previously registered and titled vessels.

(1)           Transfer of previously registered and titled vessels from one individual owner(s) to another.

(A)          When the ownership of a titled vessel is transferred, the owner(s) listed on the face of the Certificate of Title for Vessel shall complete the Assignment of Title section on the reverse side of the Certificate of Title and surrender the title to the new owner(s).  All outstanding liens shall be satisfied before the Certificate of Title is surrendered to the new owners(s). If the ownership of a titled vessel is transferred by court order, will, settlement agreement, separation agreement, judgment or other document and the original title is not available, the previous owner(s) or estate representative shall provide the new owner(s) with documents establishing ownership.

(B)          The new owner(s) shall submit an application for a certificate of number and certificate of title, along with the properly assigned Certificate of Title and applicable fees to the Wildlife Resources Commission or one of its authorized agents for processing within 15 days of the date of sale.  The new owner(s) shall indicate on the application whether or not any liens exist on the vessel.  If applicable, a new Certificate of Title for Vessel shall be issued, including recordation of any new liens listed on the application.  The original certificate of number shall be retained when a vessel, previously registered in North Carolina, is transferred to a new owner.  A new certificate of number shall be issued to vessels previously registered in another state or to vessels never before registered.

(C)          For 60 days following the transfer of ownership of a previously titled vessel, the new owner may use a copy of the properly assigned Certificate of Title as a temporary certificate of number pending receipt of his own certificate provided the certificate is validated in accordance with Part (b)(1)(A) of this Rule.

(2)           Transfer of previously registered and titled vessels through a dealer.

(A)          When the ownership of a titled vessel is transferred to a dealer, the owner(s) listed on the face of the Certificate of Title for Vessel shall complete the Assignment of Title section on the reverse side of the Certificate of Title and surrender the title to the dealer. All outstanding liens shall be satisfied before the certificate of title is surrendered to the dealer.

(B)          When the vessel is subsequently sold, the dealer shall, on the day of the sale, provide the new owner(s) the original Certificate of Title completed by the previous owner(s) and a Dealer Bill of sale.  The Dealer's Bill of Sale shall include the dealer's name, the name of the new owner(s), the date of sale, certificate of number, manufacturer's hull identification number, model, year, and length of the vessel.  The Dealer's Bill of Sale shall be signed by both the dealer and the new owner(s).

(C)          The new owner(s) shall complete and submit the standard application for a certificate of number and Certificate of Title, along with the properly assigned certificate of title, Dealer Bill of Sale, and applicable fees to the Wildlife Resources Commission or one of its authorized agents for processing within 15 days of the date of sale.  If applicable, a new Certificate of Title for Vessel shall be issued, including recordation of any new liens listed on the application.  The original certificate of number shall be retained when a vessel, previously registered in North Carolina, is transferred to a new owner(s).  A new certificate of number shall be issued to vessels previously registered in another state or vessels never before registered.

(D)          For a period of 60 days following the transfer of ownership of a previously registered vessel, the new owner may use a copy of the Dealer's Bill of Sale as a temporary certificate of number pending receipt of his own certificate provided the certificate is validated in accordance with Part (b)(1)(A) of this Rule.

(b)  Transfer of previously registered, non-titled vessels.

(1)           Transfer of a previously registered, non-titled vessel from one individual owner to another.

(A)          If the ownership of a previously registered vessel is transferred, by sale or gift, the previous owner(s) shall complete a notarized bill of sale. The bill of sale shall be given to the new owner and shall include the previous owner's name, the new owner's name, the date of sale or gift, certificate of number, manufacturer's hull identification number, model, year, and length of the vessel.  The previous owner's signature shall be notarized.  If the ownership of a previously registered vessel is transferred by a court order, will, settlement agreement, separation agreement, judgment or other document, the previous owner(s) or representative of the estate shall provide the new owner(s) with documents establishing ownership.

(B)          The new owner shall complete and submit an application for a certificate of number and Certificate of Title, along with the proof of ownership document and applicable fees, to the Wildlife Resources Commission or one of its authorized agents for processing within 15 days of the date of sale or gift.  If applicable, a new Certificate of Title for Vessel shall be issued, including recordation of any new liens listed on the application.  The original certificate of number shall be retained when a vessel previously registered in North Carolina is transferred to a new owner. A new certificate of number shall be issued to vessels previously registered in another State or to vessels never before registered.

(C)          For 60 days following the transfer of ownership of a previously registered vessel, the new owner may use a copy of the proof of ownership document, provided it contains the date of sale, as a temporary certificate of number pending receipt of his own certificate provided the certificate is validated in accordance with Part (b)(1)(A) of this Rule.

(2)           Transfer of a previously registered, non-titled vessel through a dealer.

(A)          The owner(s) selling or transferring a previously registered vessel to a dealer shall complete a notarized bill of sale naming the dealer as the new owner.  The bill of sale shall be given to the dealer and shall include the previous owner's name, date of sale, certificate of number, manufacturer's hull identification number, model, year, and length of the vessel. The signature of the previous owner(s) shall be notarized. 

(B)          When the vessel is subsequently sold, the dealer shall, on the day of the sale, provide the new owner(s) a dealer bill of sale.  The dealer's bill of sale shall include the dealer's name, the new owner(s) name, the date of sale, certificate of number, manufacturer's hull identification number, model year, and length of the vessel.  The dealer's bill of sale shall be signed by both the dealer and the new owner(s).

(C)          The new owner(s) shall complete and submit the standard application for a certificate of number and Certificate of Title, along with the proof of ownership document and applicable fees to the Wildlife Resources Commission or one of its authorized agents for processing within 15 days of the date of sale.  If applicable, a new Certificate of Title for Vessel shall be issued, including recordation of any new liens listed on the application.  The original certificate of number shall be retained when a vessel, previously registered in North Carolina, is transferred to a new owner(s).  A new certificate of number shall be issued to vessels previously registered in another state or vessels never before registered.

(D)          For a period of 60 days following the transfer of ownership of a previously registered vessel, the new owner may use a copy of the dealer's bill of sale as a temporary certificate of number pending receipt of his own certificate provided the certificate is validated in accordance with Part (b)(1)(A) of this Rule.

(3)           Transfer of a vessel individually-registered to a dealer or manufacturer.  Vessels that have been individually numbered by dealers or manufacturers shall upon transfer of ownership be governed by the provisions of Subparagraph (b)(1) of this Rule.

 

History Note:        Authority G.S. 75A-3; 75A-5; 75A-19; 75A-37; 33 C.F.R. 174.21;

Eff. February 1, 1976;

Amended Eff. August 1, 2014; May 1, 2007; July 1, 1998; April 1, 1997; February 1, 1995; November 1, 1993; July 1, 1988; April 19, 1981;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. December 6, 2016.