North Carolina Business Bill of Sale
North Carolina does not require a bill of sale, but the North Carolina Division of Motor Vehicles recommends one. Fill in the form below and download a free, one-page North Carolina business bill of sale PDF that includes everything the North Carolina Division of Motor Vehicles looks for. Nothing you type leaves your browser.
Seller
Buyer
Business details
Price and terms
How to sell a business in North Carolina
A business bill of sale transfers the tangible and intangible assets of a small business, such as equipment, inventory, furniture, the trade name, customer list and goodwill, from the seller to the buyer at closing. It is the document that goes with the purchase agreement and is what the buyer shows to banks, landlords and the state when the business changes hands.
Seller steps
- Confirm you hold clear title. If a lender is on the title, get the lien release before you list it.
- Agree on the price and fill in the North Carolina business bill of sale above with the buyer. Record the serial number.
- Both parties sign and each keeps a copy. North Carolina does not require a notary.
- Hand over any registration papers, manuals, receipts or health records that go with the business.
- Hand over the business and keep your signed copy of the bill of sale for your records.
Buyer steps
- Check the description against the business itself before you sign.
- Keep the signed bill of sale with your records; it is your proof of ownership and purchase price.
- If you bought it for a business, give the bill of sale to your bookkeeper for the asset record.
Before you sign
- Attach an inventory and equipment list as a schedule for anything beyond a one-line description.
- Say clearly whether the buyer assumes any debts, leases or contracts.
- Both parties sign in their capacity (owner, member, president) if an entity is involved.
- This is the bill of sale, not the purchase agreement. For a sale above a few thousand dollars, have a lawyer draft the purchase agreement and use this as the closing document.
Why a bill of sale matters for a business
- Transfers the assets at closing in one signed document.
- Lists exactly what is and is not included, which prevents post-sale fights.
- Needed to transfer the DBA, licenses, lease and utility accounts.
- Supports the buyer's asset basis for taxes and the seller's gain calculation.
Want both parties to walk away with a signed copy and a notary page ready? The $9 ready-to-sign pack adds them.
North Carolina at a glance
- Bill of sale
- Not required, strongly recommended
- Notary
- Notarization optional
- Official state form
- None published; any signed bill of sale is accepted
- Where the buyer registers
- North Carolina Division of Motor Vehicles (www.ncdot.gov/dmv)
- License plates
- Stay with seller
North Carolina requires the title assignment to be notarized, and a damage disclosure if the vehicle is under 10 years old. A bill of sale is not required but shows the price for the highway use tax. Plates stay with the seller.
Checked October 2026 against the state's own guidance. Rules change; confirm before you file.
Other North Carolina forms
- North Carolina Vehicle Bill of Sale
- North Carolina Motorcycle Bill of Sale
- North Carolina Boat Bill of Sale
- North Carolina Trailer Bill of Sale
- North Carolina Firearm Bill of Sale
- North Carolina Mobile Home Bill of Sale
- North Carolina RV Bill of Sale
- North Carolina ATV / UTV Bill of Sale
- North Carolina Dirt Bike Bill of Sale
- North Carolina Golf Cart Bill of Sale
- North Carolina Jet Ski Bill of Sale
- North Carolina Snowmobile Bill of Sale
- North Carolina Scooter / Moped Bill of Sale
- North Carolina Equipment Bill of Sale
- North Carolina Tractor Bill of Sale
- North Carolina Horse Bill of Sale
- North Carolina Dog Bill of Sale
- North Carolina Livestock Bill of Sale
- North Carolina General Bill of Sale
Business Bill of Sale in other states
North Carolina business bill of sale questions
Is a bill of sale required to sell a business in North Carolina?+
North Carolina does not require a bill of sale, but the North Carolina Division of Motor Vehicles recommends one. North Carolina requires the title assignment to be notarized, and a damage disclosure if the vehicle is under 10 years old. A bill of sale is not required but shows the price for the highway use tax. Plates stay with the seller. North Carolina has no mandatory form, so any complete, signed bill of sale like the one generated here is accepted.
Does a North Carolina business bill of sale need to be notarized?+
North Carolina does not require notarization. Two signatures are enough. If you want extra certainty, the ready-to-sign pack includes a notary acknowledgment page you can use anyway.
Does the buyer need to file a business bill of sale in North Carolina?+
No. Businesses are not titled or registered with the state, so there is nothing to file. The signed bill of sale is the ownership record; each party keeps a copy.
Is a business bill of sale the same as a purchase agreement?+
No. The purchase agreement sets the deal: price, terms, representations, non-compete. The bill of sale is the closing document that actually transfers the assets. Small deals sometimes use the bill of sale alone; larger ones should have both.
Does it transfer the LLC or corporation?+
No. This transfers assets. Selling the entity itself is a membership-interest or stock sale and needs different documents. Most small-business sales are asset sales.
Do I need to notify the state?+
Usually the DBA (assumed name) and any licenses or permits have to be reassigned or re-filed, and some states have bulk-sale notice rules. Check with the secretary of state and your accountant.