|
Register | Album Gallery | Thread Gallery | FAQ | Community | Calendar | Become a Paid Member | Today's Posts | Search |
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Any Nebraska residents here?
I'm looking at purchasing a car that the owner never titled in his name. The title is a Nebraska title which the previous owner has signed off on but with no purchaser info filled in. Do Nebraska titles have to be notarized? I know this is sketchy, I'm just not sure it's worth taking a chance on. I did some research but am getting conflicting info. It's a 2005 Nebraska title, the car is now residing in Colorado and I live in Indiana. Thanks
__________________
70 Chevelle Vert L34 M21 28-A 791 70 Chevelle Cpe LS6 M40 14-14 756 70 Chevelle Cpe L?? M?? 926-99616 755 69 Chevelle Cpe L78 M21 71-B 756 70 Chevelle Cpe L34 M20 48-48 796 70 Chevelle Cpe L34 M40 75-75 788 70 El Camino L34 M20 28-C 765 |
#2
|
|||
|
|||
A lot can happen in 15 years-divorce, bankruptcy, etc. There could easily be claims against it you won't know about until you try to title it.
He is also trying to screw the IRS and the state. If the seller won't title it, walk.
__________________
Learning more and more about less and less... |
#3
|
|||
|
|||
My experience is this is pretty common for project cars not to be titled once sold, so often impossible to tell how many actual owners there have been. I personally have not ever encountered a problem.
with that said, completely agree with William there could potentially be claims on the car, but that could be covered in a bill of sale where current owner is liable for any claims on the title and you could always escrow the purchase price until it is titled in your name if it's a car you really want. At an absolute minimum, I would get a notarized bill of sale where Seller guarantees clean title. |
The Following User Says Thank You to COPO For This Useful Post: | ||
markinnaples (06-19-2020) |
#4
|
|||
|
|||
Yes it is a project car and not a ton of money to where a guy could almost part it out for the agreed price but I would hate to see that happen because it still has it's original drive train. I'll talk to the seller again and see if he is willing to get it in his name. If not, it's a no go. Thanks guys.
__________________
70 Chevelle Vert L34 M21 28-A 791 70 Chevelle Cpe LS6 M40 14-14 756 70 Chevelle Cpe L?? M?? 926-99616 755 69 Chevelle Cpe L78 M21 71-B 756 70 Chevelle Cpe L34 M20 48-48 796 70 Chevelle Cpe L34 M40 75-75 788 70 El Camino L34 M20 28-C 765 |
|
|