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11-27-2012, 12:39 PM
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#1
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Puurs like a kitten..
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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A Dilemma...
Ok guys, gotta vent a little. I was gonna see what options I'm looking at here. My dilemma is, the people I bought my bike off of uses the same credit union as I do, the bank had their title to the bike, ok after my paper work was complete I'm thinking that I'm good to go, get it tagged and insured. Well I get it insured and the financial rep tells me that they have to send out the actual title paper work off to their underwriters lab so I can get it tagged. They received their side but the previous owners has to sign the bike off, well I can't get ahold of the previous owners nor can the bank which means I can't ride much if at all. The bike has a tag that is good through July of 13' but it is in his name.
So am I up the creek without a paddle or what are some legal ways to go about getting the title in my name if the previous owners fall through?
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11-27-2012, 12:41 PM
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#2
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INSTIGATOR EXTRAORDINAIRE
Join Date: Apr 2009
Bikes: 2003 R1 SPECIAL EDITION
Location: Pflugerville, TEXAS
Posts: 19,919
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Has any money changed hands? Can you cancel the transaction if it has?
__________________
GHOSTRIDER SQUADRON XO
sig courtesy of UNCLE PETROL
"It is inconceivable that the framers - seeking to provide Americans with a means to resist tyrannical government - would fashion a right that can be exercised only in the context of a militia that is under government control." Robet A. Levy
SI VIS PACEM PARA BELLUM]
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11-27-2012, 12:45 PM
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#3
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Puurs like a kitten..
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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Yeah my bank wrote them a check and gave it to them in front of me, it was a shady b.s. deal now that I think about it.
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11-27-2012, 12:45 PM
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#4
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Owner of the color changing R1
Join Date: May 2008
Bikes: 2009 Yamaha R1
Location: Euless, TX
Posts: 14,507
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do you have a bill of sale proving you bought it?
__________________
R1-015 `Ghostrider` Squadron
Yoshi TRC-D slip-ons, Leo Ypipe, PCV, -1/+1 520 conversion, ECUnleashed with Race Idle.
Quote:
Originally Posted by TheBigO
my anus is just swollen.. Shut it!!!
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11-27-2012, 12:49 PM
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#5
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Puurs like a kitten..
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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Yes I have all the paperwork of how much I paid for it, my loan papers.
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11-27-2012, 01:30 PM
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#6
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Frosty runs are the best
Join Date: Sep 2007
Bikes: Want a new bike
Location: Nashville,Tn
Posts: 18,236
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File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.
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11-27-2012, 01:34 PM
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#7
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Puurs like a kitten..
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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Quote:
Originally Posted by BeaverPuncher
File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.
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This being my last line of defense. I'm going to give it a week and this is what I will do. I can file all that stuff at the registration place?
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11-27-2012, 03:28 PM
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#8
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para bellum
Join Date: Apr 2004
Location: Bay Area, CA
Posts: 33,320
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that's great if he doesn't release the title, anything that happens with that bike will fall on his shoulders. 
__________________
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Brothers riding on...
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Gawarrior 6/08
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11-27-2012, 03:32 PM
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#9
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Puurs like a kitten..
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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Like a speed camera ticket lol 
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