Quote:
Originally Posted by Kristophe
And few years ago we sold my wife's Pacifica to her niece and husband who then moved to PA. They never transferred the title for almost a year then tried to sell it. I only found out because they misplaced the lien release and had to access another copy for them. I had to overnight it so they could met the buyer at the DMV and my niece was to pay all the fees/penalty/taxes. I recall the new buyer took a notarized bill of sale and drove off with car and my niece would send him the signed transferred title.
|
Never sell cars to family. How did they ever get a license for the car if they never transfer the title? If they were using your plates what happens if they got into an accident? What happens if they loan the car to friends or other family members and they got into an accident?
To cover your ass never sell a car to family and if the buyer doesn't want to list his name on the title have them sign a bill of sale stating that they bought the car from you on that date. Better to be safe then have to hire a lawyer to fix up any mess later.