National Marine in ohio
02-11-2007, 11:27 AM
#71
Charter Member #37 /Moderator/Platinum Member
Charter Member
In reading this there is basically NO way to tell if there's a previous lien on the boat then correct???? My credit union asked for the VIN number and I was assuming that was to verify that is was a "clear" title...now I'm not so sure they could tell that.
So who must uphold the burden? It would seem if the bank was fooled why should the owner be held responsible??? I always assumed shady dealings would be found by the banks....
So who must uphold the burden? It would seem if the bank was fooled why should the owner be held responsible??? I always assumed shady dealings would be found by the banks....
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Champagne taste on a beer Budget
C. P. B. A. Carolina Power Boat Assoc
Champagne taste on a beer Budget
C. P. B. A. Carolina Power Boat Assoc
02-13-2007, 08:33 AM
#73
Registered
02-13-2007, 05:55 PM
#75
Registered
Even after buying a used boat, If I remember correctly, I had to turn over the actual title to the lender, and was issued a memorandum.
This is why I thought it strange to be issued a title at the time of purchase - never payed attention to the lender lien on it.
Now that I've moved south of the OH river, I'll be paying off a vehicle in the next few months (purchased and reside in Kentucky) - do they send me a new title with no lien from the lender?? Do I have to apply for a new title??
Racer
02-13-2007, 07:58 PM
#78
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Justice ?
Hopefully when this dirtbag gets locked up his cell mate will cause a change in his last name from Hionas to HIGHANUS.
