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Welcome to SportTrac.Org
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Legal Question
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<blockquote data-quote="Kevin Palmer" data-source="post: 541520" data-attributes="member: 54263"><p>Bottom line, having a bill of sale has the potential of eliminating some huge hassles. You lose the title when you sell it. If they do not do the right thing and re-title it then it is still your vehicle in th eyes of the state. That is where the bill of sale can save your but.</p><p></p><p></p><p></p><p>My family has owned a salvage yard for 20 plus years. We get in the middle of this type of stuff all the time. All the paper work goes back to the last titled owner. It is his/her responsibility until they can prove the had sold the vehicle.</p><p></p><p></p><p></p><p>It can be a hassle, but it is what it is. The bill of sale is worth it's weight in gold when you need it...</p></blockquote><p></p>
[QUOTE="Kevin Palmer, post: 541520, member: 54263"] Bottom line, having a bill of sale has the potential of eliminating some huge hassles. You lose the title when you sell it. If they do not do the right thing and re-title it then it is still your vehicle in th eyes of the state. That is where the bill of sale can save your but. My family has owned a salvage yard for 20 plus years. We get in the middle of this type of stuff all the time. All the paper work goes back to the last titled owner. It is his/her responsibility until they can prove the had sold the vehicle. It can be a hassle, but it is what it is. The bill of sale is worth it's weight in gold when you need it... [/QUOTE]
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