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beware of buying siezed boats from NM

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Old 12-08-2004, 09:50 PM
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Default beware of buying siezed boats from NM

I bought a boat that was siezed from National Marine. I felt good about the deal because I was buying from the bank. Andrew S. is the "receiver" and is a lawyer handling the transaction. My offer was made based upon clear title for boat and trailer. I got the title to the boat but they can't provide me with the title to the trailer. you would think that a lawyer would make it right but Andrew won't even return phone calls. I know that a lot of people have been screwed a lot worse than me and I am sorry for those people. Are there any lawyers in Ohio that want one more case?
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Old 12-08-2004, 10:06 PM
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Default Re: beware of buying siezed boats from NM

I know that my complaint is petty but I just wanted to warn people who were planning on buying. Make sure that they have all titles in hand.
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Old 12-08-2004, 10:11 PM
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Default Re: beware of buying siezed boats from NM

Just out of curiosity, what kind of trailer is it and what kind of boat does it go to?
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Old 12-08-2004, 10:18 PM
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Default Re: beware of buying siezed boats from NM

Some states do not title trailers and just have a registration only. Did you recieve a registration form with the trailer?
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Old 12-08-2004, 10:27 PM
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Default Re: beware of buying siezed boats from NM

Steve he bought a 46 Cig RR...and i think he posted it was a Myco?

Mat I posted a message for you on the Playboy thread below about trucks
 
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Old 12-08-2004, 10:33 PM
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Default Re: beware of buying siezed boats from NM

No titles required on Florida trailers either.
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Old 12-08-2004, 10:53 PM
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Default Re: beware of buying siezed boats from NM

the response i got from MAXIMA5 on this thread

http://www.offshoreonly.com/forums/s...light=National


"No One has wired money and not had a clear title sent to their doorstep within a matter of days.
Trailers, on the other hand, are a little tricky tracking down the paperwork."


good luck!
 
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Old 12-08-2004, 11:56 PM
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Default Re: beware of buying siezed boats from NM

In NY, if you can't track down a title you can register it as a homemade.
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Old 12-09-2004, 01:01 AM
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Default Re: beware of buying siezed boats from NM

Trailers?

- A Certificate of Tide is not required on any Utility Trailer weighing less than 4,000 pounds or a boat trailer. To obtain license plates you must get a weight card from a license bureau and have the trailer weighed.




- Utility Trailers and Commercial Trailers or Semi-Trailers weighing in excess of 4,000 pounds must have a Certificate of Title. To sell, transfer or mortgage such trailers the Certificate of Title must be presented.
================================================== ========

So get a notorized bill of sale since I doubt he has the registration.
A new trailer comes with a Certificate of Origin.
All we do is show bill of sale and get it weighed to get a registration and plates.
No title is issued.
Cordell
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Old 12-09-2004, 07:30 AM
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Default Re: beware of buying siezed boats from NM

Quote:
Originally Posted by Cgarrett
Trailers?

- A Certificate of Tide is not required on any Utility Trailer weighing less than 4,000 pounds or a boat trailer. To obtain license plates you must get a weight card from a license bureau and have the trailer weighed.




- Utility Trailers and Commercial Trailers or Semi-Trailers weighing in excess of 4,000 pounds must have a Certificate of Title. To sell, transfer or mortgage such trailers the Certificate of Title must be presented.
================================================== ========

So get a notorized bill of sale since I doubt he has the registration.
A new trailer comes with a Certificate of Origin.
All we do is show bill of sale and get it weighed to get a registration and plates.
No title is issued.
Cordell
What he said. No title required on my Eagle trailer. Just a bill of sale and weight slip. Triple axle steel Eagle trailer for a 382 Formula tips in at just over #3000, so your Myco for a '46 might be just a little more if aluminum.
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