[DMCForum] Re: eBay project car update... Deloghini...
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[DMCForum] Re: eBay project car update... Deloghini...
- From: "therealdmcvegas" <dmcvegas@xxxxxxx>
- Date: Thu, 14 Jul 2005 07:18:16 -0000
That sounds like a VIN inspection. Nevada does that too when
registering a car, that was last titled/registered out of state. If
your homestate has some sort of an exemtion about titles, then go
ahead and check with them about this. Be honest and explain the
situation, but remain anonymous on the phone. Maybe you could get the
thing titled in Georgia...
By far, the easiest thing here to get a clear title for this car,
would be for the guy who's currently in possession of the vehicle, to
file a mechanic's lien against it. The State then tries to notify
those who have a lien on the car, according to their title records, to
see if they contest it. If no one steps forward, the state can award
judgement of the vehicle to the possessor, and issues a clean title.
Depending upon your state regulations, you may be able to file the
paperwork with the DMV or Tax Assessor, or you may have to file court
documents with the local constable. I knew of one Bricklin in town
here where the guy got the car, after the owner never paid for the
paint job...
I'd skip this car for now, but pass the information along to the
seller, so that he can get a clean title on the car, and sell it
easier. Of course whatever proof that he is deserving of said lien, he
needs to provide the paperwork on. And that's up to him to find out.
Some states may force the property to be sold, and others may outright
reassign ownership. Especially with vehicles.
-Robert
--- In DMCForum@xxxxxxxxxxxxxxx, "timnagin" <timnagin@xxxx> wrote:
> It's not the same in every state. The De Lorean I still have was
purchased
> in Georgia where they don't title cars beyond a certain age. When I
bought
> the car, all I had was a bill-of-sale and some other paper. I don't
recall
> what that other paper was, but it was something that looked very
informal
> and basically confirmed the VIN of the car.
>
> Before I bought the car, I called the DMV where I live and confirmed
this
> was all that was needed. They confirm the information on the paper
with the
> previous state and issue me a new title and license plate.
>
> The West Virginia DMV had the lien holder's name on file but could not
> disclose that to me. That state also issues titles on older cars.
>
> Greg
>
>
>
> -----Original Message-----
> From: DMCForum@xxxxxxxxxxxxxxx [mailto:DMCForum@xxxxxxxxxxxxxxx] On
Behalf
> Of therealdmcvegas
> Sent: Wednesday, July 13, 2005 4:56 PM
> To: DMCForum@xxxxxxxxxxxxxxx
> Subject: [DMCForum] Re: eBay project car update... Deloghini...
>
> Now your vehicle title laws may be different in each state. But let
> me explain how this would work in Nevada. Which is probably simular,
> if not the same as everywhere else.
>
> Bill of sale doesn't mean a damn thing. All a bill of sale will say,
> is that you exchanged money with this guy for some property. But with
> a motor vehicle, a reciept doesn't denote ownership of said property.
> Only a valid title in the OWNERS'S name does.
>
> A title is valid forever! A lien doesn't get released until said
> lienholder says it is, and signs the title. You die, your next of kin
> bring in a death certificate and proof of relation, and then they get
> a new title on a vehicle in their name. YOU sell the car, YOU fill
> out the new owner's information, and sign ownership over.
>
> No title, no ownership, no deal. All a "Bill of Sale" would do, is
> enable you to *possibly* file law suit against him to get your money
> back.
>
> This guy is as shady, as he is stupid. But if you want my
> reccomendation here: Find the lien holders, and offer them a cash
> settlement to buy their debts/interest in this car. Once you legally
> have the paperwork in order, submit it in to the state. Become the
> new owner, and reposses your new property!
>
> -Robert
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