Demonstrating clear title

Reply

  #1  
Old 01-06-11, 08:11 AM
Member
Thread Starter
Join Date: Jan 2011
Location: USA
Posts: 49
Demonstrating clear title

I am assisting friend with sale of backhoe to Australian buyer who is shipping the machine. What is the commonly accepted/required documentation to establish clear title to the machine? All I have is a Bill of Sale for the original owner. Thank you!
 
Sponsored Links
  #2  
Old 01-12-11, 04:46 AM
chandler's Avatar
Banned. Rule And/Or Policy Violation
Join Date: Dec 2005
Location: USA
Posts: 39,968
I would think on a tractor, since there is no licensing required, a Bill of Sale would suffice. Did the original owner buy it from a dealer? How old is the machine? You would retain the Bill of Sale you have from the previous owner, and issue a new one showing you as the seller and him as the buyer. If there was no title to begin with, there won't be one magically show up at any time. I should think, being from another country, the buyer would be able to give you exactly what he needs for importing it to their country. I would have the Bill of Sale notarized, and copy the original BOS for his purposes.
 
  #3  
Old 01-12-11, 06:55 AM
the_tow_guy's Avatar
Group Moderator
Join Date: Feb 2001
Location: SW Fla USA
Posts: 11,567
And of course you'd want to make sure it's not a scam buyer.
 
  #4  
Old 03-11-11, 04:10 AM
chandler's Avatar
Banned. Rule And/Or Policy Violation
Join Date: Dec 2005
Location: USA
Posts: 39,968
I know it's two months down the road, but we had a guy list a Kubota tractor w/ front end loader and backhoe for $5k. I knew it had to be a scam to sell a $40k tractor that low. Just for fun I traced all the information, and even emailed him. He was advertising here locally, but the tractor was in Wisconsin. OK, cool. Couldn't possibly look at it, right? Our newspaper is owned by a conglomerate, so there are "local" papers in each town. I went on line to each site, and he had it listed there, too. One time the tractor was in Albany, GA, another one it was in Illinois. He wanted a deposit to buy the tractor. Of course you could kiss the deposit goodbye.
Interesting about buying stuff that is "too good to be true".
I hope the OP got his deal through without a hitch.
 
  #5  
Old 03-11-11, 05:03 AM
Forum Topic Moderator
Join Date: Mar 2005
Location: USA
Posts: 43,813
So if I put my tractor up for sale, but only in far away newspapers, after I sold it so many times - I could afford a new 4x4 tractor ?? :NO NO NO:
 
  #6  
Old 03-12-11, 05:58 AM
chandler's Avatar
Banned. Rule And/Or Policy Violation
Join Date: Dec 2005
Location: USA
Posts: 39,968
AND, you would still have the original, if there was really ever one to begin with. Madoff would have been proud.
 
  #7  
Old 03-17-11, 11:16 AM
Member
Thread Starter
Join Date: Jan 2011
Location: USA
Posts: 49
The deal was done successfully. I obtained dealer invoice and original equipment list from factory, bills of sale from Owner 1 and Owner 2. We used an escrow agent to coordinate the exchange of funds for tractor. It arrived in Fremantle, AU yesterday.
 

Last edited by the_tow_guy; 03-18-11 at 05:55 AM.
  #8  
Old 03-18-11, 05:56 AM
the_tow_guy's Avatar
Group Moderator
Join Date: Feb 2001
Location: SW Fla USA
Posts: 11,567
Sorry, Jerry, had to remove that negative comment about a business.
 
  #9  
Old 03-18-11, 08:21 AM
Member
Thread Starter
Join Date: Jan 2011
Location: USA
Posts: 49
Cool

No worries, I appreciate the help!
 
Reply

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread
Display Modes