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Selling Without a Title at a Glance

Selling Without a Title at a Glance

Typically speaking, the situation when something is sold with no title usually occurs in the situation of automobile sells from private owners. A vehicle with no title can mean several things, all of which should be carefully considered before purchasing a vehicle with no title. Furthermore, in many states in the United States, selling without a title is considered to be illegal. 
The reason for this is that an automobile with no title is often times a vehicle that has been stolen or is not considered to be a roadworthy vehicle. However, a no title vehicle is sometimes a legitimate vehicle, though selling without a title is usually a situation that is avoided by most consumers. Aside from the possibility that the vehicle might be stolen, a no title automobile will be very difficult to be registered and legally driven on public roads. Generally speaking, consumer advocates will recommend staying away from individuals or parties selling without a title in order to avoid complications in the future. 

Buying a Trailer with a Title at a Glance

Buying a Trailer with a Title at a Glance

When buying a trailer with a title, there are various steps and considerations that should be taken in mind. Determining what kind of a trailer is needed should be the first step, for buying a trailer with a title will depend on the things or items that are to be hauled. An example would be a trailer that is to be used to tow landscaping machinery versus a trailer that is to be used to transport livestock or horses. Buying a trailer with a title will also depend on the kind of vehicle that is to be doing the towing. 
Determining the maximum towing capacity of the vehicle is also important, which can be found in the vehicle’s owner’s manual. Other considerations to have in mind when buying a trailer with a title are the type of trailer, overall size of the trailer, and whether the title of the trailer is clean. A title for the trailer will be necessary in order to properly register the trailer with the local DMV agency. 

Things You Should Know About Title Examinations

Things You Should Know About Title Examinations

Bona Fide Purchaser   


A title examination is a key component for anyone who is purchasing a home or property. When a title examination is issued on a particular property, it allows the complete history of the property to be divulged, releasing any information that might have been overlooked. Title examination allows the current investor to claim BFP Bona Fide Purchaser on their investment, meaning there is no other claim in acknowledged existence against that property. The terminology of BFP first started with Leasehold properties and the conflict of new ownership, where new owners were faced with challenges from tenants supplied with agreements under past ownership. By the laws of BFP investors have the rights to their property clear and free regardless on any pre-existing claim intentionally hidden. 

Recording Statutes 


Having title insurance and making sure your records are properly recorded are two main important factors in obtaining real estate. The recording statue of one’s investment is called recording of land titles, which can be done by an appropriate county office or clerk. 
Proper recording can keep the community aware of any changes regarding property ownership, existing claims, liens or inheritances. The recording of property is carried out through a series of stages, with three types of recording statues in place. These statues are race, notice and race-notice, the last statue combines the elements of both race and notice and is most commonly used.
Ordering and Examining of TitleRole of a Legal Assistant    


The roles of a legal assistant are not solely made to aid attorneys at law anymore. These detailed oriented professionals, with the available training classes and seminars, have assumed the role of assisting in title exams. This is in the event that they are not already conducting them themselves. 
Today, paralegals are equipped with the skills and knowledge to efficiently track the title examination process, knowing what data to search and what documents to request. The high demand along with the time consuming process of analyzing the data from title exams created a need for more assistance with the process. 
Legal assistants meet this demand since their background stems from a profession that analyzes a huge amount of information and they are trained to pay close attention to detail.