Posted by Jonas. on Thursday, November 21, 2002 at 12:57PM :
In Reply to: More Details, why title in your name if u sold it? posted by dozerhead on Thursday, November 21, 2002 at 6:59AM :
The plates on the truck are still in my name, it is still registered to me. The Title however, has been signed by me and released to it's new owner. We also send in a statement to the DMV transferring ownership. LV dosent care who owns the truck, they just care who's name is on the plates (which are probably long gone by now).
I dont think the fellow in Mi is going to fly out here just to go down with me to the DMV to do a title swap, so I sign it and send it to him and he takes it to his DMV. We just trust each other.
"Trust" is becoming a rare term around here lately... Wonder if I should start racing dirt bikes again.