We bought a trailer from party A last year, got the bill of sale and title. But never registered it since it sat in storage. Now we want to sell it. Do we sign the title as buyer and then undersign it as seller B, to new buyer C? Or do I have to get a new title in my name?
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my Facebook, SpeedShotsOriginally Posted by salsashark
Legally new title. Seller I bought from had previous title I just kept his address and number handy until I got it titled.
Only a dealer can transfer a title to a 3rd party. As an individual you must obtain title in your name and then sign that over to the buyer. If you and the buyer are both willing you can give a couple Motor Vehicle Powers of Attorney and let him do all the paperwork but a title must still be issued in your name and then signed over to the buyer
Got it, thanks.
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People sometimes do it, but it's not legal. It's called jumping title. You just hand over the title to the new buyer as it is, basically pretending you're the guy you bought it from with his signature on it. If there's a date on the signature though, you probably couldn't get away with it (if you were so inclined to be a law-breaker).
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