North Carolina title, and repossession requirements:
North Carolina Repossession Title State: Repossessor License and Repossessor Registration information refer to: North Carolina Repossession Division of Motor Vehicles, Vehicles Registration, 1100 New Bern Avenue, Raleigh, North Carolina 27696
North Carolina Repossession Recording: Filed with the clerk of the Superior Court in the county where mortgagor or buyer resides; if a non-resident, recorded where the repo property is located. Liens on North Carolina Repossession motor vehicles must be recorded on certificate of title. Uniform Commercial Code adopted June, 1967.
North Carolina Repossession Recovery: Peaceful repossession permitted.
North Carolina Repossession Redemption: No right of redemption after foreclosure and repo sale.
North Carolina Repossession Deficiency: Judgment notes are invalid and deficiency is permitted only if debt is not for the purchase price.
North Carolina Repossession Special Motor Vehicle Provisions: Certificate of lien is sent to Department of Motor Vehicles. Effective against third parties and need not be otherwise recorded. North Carolina Repossession liens recorded on title and sent to first lien holder.
North Carolina Repossession Documents Required to Transfer Ownership of North Carolina Repossession Motor Vehicles: Title in debtor’s (or repossessor) name, affidavit of repossession.
PLATES: Remain with the owner.
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