1L243
Oregon
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I was looking at a trailer online and it was reported to have a clean title. The seller explained he had the title after purchase from a family member original owner who signed the back of the title. But he never had it transferred in his name. The trailer sits on family property so he did not see the need since he was not towing it anywhere. I did not feel comfortable with the situation so I passed tell he gets the trailer transferred in his name.
What do you think
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Ranger Smith
Wherever the rig is parked
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That is fairly common if it is not being used. I would have him get it in his name as there could be a penalty for not transfering it in like 30 days.
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JoeH
Apollo Beach,FL
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It's common to do that when not using it or flipping it. No need to pay sales tax,title and registration fees if the intent is to sell it or not use it on the road. As stated above, there may be penalties for not xferring within xx number of days, but that can sometimes be avoided by explaining the situation or if you had to do repairs to make it roadworthy. I've purchased many vehicles with open titles.
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wanderingbob
monticeeo, fla
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In some states you will be required to pay the annual registration fee and bring it up to date . I would check with the title office as it could be costly
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eHoefler
ozark mountains
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It is called title jumping, it is illegal. He needs to register in his name and then sell it to you. You can and most likely will have trouble getting it registered in your name with out paying back taxes and penalties.
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CA Traveler
The Western States
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Without a current clear title I'd pass. I'm just not interested in clearing up someones title with unknow issues.
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monkey44
Cape Cod, MA and Central Fla
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If you really want it, accompany the owner to the title company or registration office in your state. Explain the situation, have owner sign and pay any late fees. IF he can't or won't do that, and get you a new clear title in your name the same day. That's it, start looking again.
Monkey44
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1L243
Oregon
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From what I have read the person on the title is still the registered owner even though they signed the title because the second party the guy selling it has never transferred the title into his name.
Plus there is the issue of the trailer being in a different state than party #3 buyer.
I also read that it's illegal but don't know if that is every State.
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valhalla360
No paticular place.
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Just make it part of the deal that he goes with you to transfer the title and he is responsible for any fees or penalties. He gets paid at the dmv once he hands you a clean title in your name.
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rk911
DuPage County
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CA Traveler wrote:Without a current clear title I'd pass. I'm just not interested in clearing up someones title with unknow issues.
absolutely correct. run, do not walk, away.
Rich
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