SHANEL WHITE: Posted on Friday, March 25, 2011 9:05 PM
Share You bought a vehicle but you don't have a title, a bill of sale; so is the vehicle still yours? Technically, the vehicle isn't yours because you don't have proof of ownership. As a vehicle titling solutionist; this is a common problem that I hear from my clients and others often. I communicate truthfully with every client who is in the loophole of "buying a vehicle" without receiving a title. If you purchased a vehicle and paid for it in FULL, then you should receive a title, so that you can get the vehicle titled in your name. Why shouldn't you buy a vehicle without a title? - The person who is "selling" you the vehicle, may have a lienholder on the vehicle. Don't be fooled by the year of the vehicle. A lien may be on the vehicle regardless of the year.
- The person selling you the vehicle, may have "bought" the vehicle they are selling you from someone else, while not acquiring a title from the person who "sold" them the vehicle. In essence a situation of "title skipping" is present.
- The vehicle that you are being presented with may actually be stolen
If you have purchased a vehicle without actually getting a title in your hand for that vehicle, or if you are in this type of dilemma now, don't hesitate to call Wisdom & Authority Titling Solutions for a solution. Failure to take action to get your situation corrected; will mean that you won't be able to operate your vehicle legally, because the vehicle wasn't yours to begin with.
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