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Question about title swapping...is elmer fudd going to jail?

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Old 06-29-2016 | 10:25 PM
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Default Question about title swapping...is elmer fudd going to jail?

Generally speaking when you purchase a boat the current owner signs over title acknowledging the new owner. When the new owner then takes that title to register the boat a new title is issued listing them as the new owner. I realize states do this differently, in this case state of interest would be Minnesota.

I am asking because I was presented with a photo of a title held by a current boat owner and on the title presented, it listed the owner prior to the current seller. It makes me wonder if the current owner ever registered the boat or for that matter if the current owner is even legally the "on paper" owner?

Same deal with the trailer.

SO, morries rubber duck boat emporium sells a rubber duck boat to donald duck. donald duck sells the rubber duck boat to elmer fudd. donald duck signs over a title to elmer fudd. owner/seller listed on the title is morries boat emporium with the purchaser being elmer fudd. elmer fudd takes his title to the government to have his pocket picked. Are the mounties going to be there to slap cuffs on elmer fudd or is this a legitimate transaction? If not, are there non scandalous theories on how this happens and could be corrected?
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Old 06-29-2016 | 10:41 PM
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How is that different that buying a car and flipping it? He just took a while to flip it...
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Old 06-29-2016 | 10:45 PM
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Originally Posted by Keith Atlanta
How is that different that buying a car and flipping it? He just took a while to flip it...
I don't know, is that how it works? does the car not get registered while being flipped?

I would be thrilled if this were the case.
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Old 06-30-2016 | 05:38 AM
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Car dealers do it all the time. If you trade in your car to a dealer that car will be prepped,serviced and put on the lot for sale right away. If dealers had to wait for titles to come back from dmv they would be out of buisness.
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Old 06-30-2016 | 06:06 AM
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Paid poster...
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Old 06-30-2016 | 06:12 AM
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Darr?
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Old 06-30-2016 | 06:22 AM
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Originally Posted by Keith Atlanta
How is that different that buying a car and flipping it? He just took a while to flip it...
Depends what state you are in...in RI they require a notorized title signed from the owner. I presented the title with the original owners information. They turned me away and said the dealership had to take ownership before it could be registered in my name.
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Old 06-30-2016 | 07:42 AM
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Called "skip title" in Florida. The craigslist guys do it so they dont have to pay registration. Not legal, but commonly done here.
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Old 06-30-2016 | 07:53 AM
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Originally Posted by Indy
Darr?
Fits the profile for sure....asking then answering his own question.


But boat profile is too low profile for Darr......he couldn't have lasted this long without asking a question about a 2000 HP motor that runs on pump gas and some goofy polycarbionic windshield BS (note he should just call it a "wishshield" at this point).
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Old 06-30-2016 | 09:56 AM
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That's how my boat was when I bought it. Guy I got it from never registered it. One difference being I was given power of attorney papers from the original owner concerning the boat. No problems titling and registering it.
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