Affidavit of Vessel Purchase and Resale - North Carolina

Affidavit of Vessel Purchase and Resale is a legal document that was released by the North Carolina Wildlife Resources Commission - a government authority operating within North Carolina.

FAQ

Q: What is an Affidavit of Vessel Purchase and Resale?
A: An Affidavit of Vessel Purchase and Resale is a legal document used in North Carolina to verify the purchase and subsequent resale of a vessel.

Q: When is an Affidavit of Vessel Purchase and Resale used?
A: It is used when a person buys a vessel in North Carolina and intends to resell it.

Q: Can an individual fill out an Affidavit of Vessel Purchase and Resale?
A: Yes, an individual can fill out the affidavit.

Q: What information is required in an Affidavit of Vessel Purchase and Resale?
A: The affidavit typically requires information such as the vessel's make, model, year, hull identification number, purchase date, and the buyer and seller's names and addresses.

Q: Do I need to submit the Affidavit of Vessel Purchase and Resale to a government agency?
A: In North Carolina, the affidavit must be submitted to the Wildlife Resources Commission.

Q: Is there a fee for submitting the Affidavit of Vessel Purchase and Resale?
A: Yes, there is typically a fee associated with submitting the affidavit.

Q: What happens after submitting the Affidavit of Vessel Purchase and Resale?
A: Once the affidavit is processed, the buyer will receive a sales and use tax certificate to present to the North Carolina Division of Motor Vehicles when registering the vessel.

Q: Are there any consequences for failing to submit the Affidavit of Vessel Purchase and Resale?
A: Failure to submit the affidavit may result in penalties or fines.

Q: Can I resell a vessel in North Carolina without filling out the affidavit?
A: No, the affidavit is required to verify the resale of a vessel in North Carolina.