Quote:
Originally Posted by sunny5280
You can specify whatever you want in the contract. It's nothing but words on a piece of paper and won't change the fact the buyer could get burned.
If the seller is unable to obtain a clear title and decides not to deal with it he has the money and the buyer has a vehicle he cannot use. Now the buyer has to either pursue recovery of the money from the seller or resolution to clear the title. Either way the buyer now has to deal with it.
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You aren't going to get burned. Granted it could become an inconvenience but litigation will take care of it in short order. Provided you have your T's crossed and I's dotted you aren't taking any more liberties than when you normally buy a car.
Same situation when you buy from a dealer. You are hoping they follow through with their end of the bargain long after you have already paid and left with the vehicle.