A Dilemma... : Yamaha R1 Forum
» Insurance
» Yamaha R1 Prices
» Sponsors
Go Back   Yamaha R1 Forum: YZF-R1 Forums > Community > Off Topic Talk

Off Topic Talk All off-topic posts. Music, Sports, Movies, Humor, etc... (No NWS)

Motorcycle.com Classifieds!
Reply
 
Thread Tools Display Modes
Old 11-27-2012, 12:39 PM   #1
Phantom blue
Puurs like a kitten..
 
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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?
Phantom blue is offline   Reply With Quote
Sponsored Links
Advertisement
 
Old 11-27-2012, 12:41 PM   #2
WarMachine
INSTIGATOR EXTRAORDINAIRE
 
WarMachine's Avatar
 
Join Date: Apr 2009
Bikes: 2003 R1 SPECIAL EDITION
Location: Pflugerville, TEXAS
Posts: 19,942
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]
WarMachine is online now   Reply With Quote
Old 11-27-2012, 12:45 PM   #3
Phantom blue
Puurs like a kitten..
 
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
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.
Phantom blue is offline   Reply With Quote
Old 11-27-2012, 12:45 PM   #4
R1nStang
Owner of the color changing R1
 
R1nStang's Avatar
 
Join Date: May 2008
Bikes: 2009 Yamaha R1
Location: Euless, TX
Posts: 14,510
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 View Post
my anus is just swollen.. Shut it!!!
R1nStang is offline   Reply With Quote
Old 11-27-2012, 12:49 PM   #5
Phantom blue
Puurs like a kitten..
 
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
Yes I have all the paperwork of how much I paid for it, my loan papers.
Phantom blue is offline   Reply With Quote
Old 11-27-2012, 01:30 PM   #6
BeaverPuncher
Frosty runs are the best
 
BeaverPuncher's Avatar
 
Join Date: Sep 2007
Bikes: Want a new bike
Location: Nashville,Tn
Posts: 18,243
File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.
__________________

SIG courtesy of the awesome petrol spice





http://www.r1-forum.com/forums/showthread.php?t=349332
BeaverPuncher is online now   Reply With Quote
Old 11-27-2012, 01:34 PM   #7
Phantom blue
Puurs like a kitten..
 
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
Quote:
Originally Posted by BeaverPuncher View Post
File for lost title and get a affidavit of what went on from the bank . Most state title agencies will work withyou.
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?
Phantom blue is offline   Reply With Quote
Old 11-27-2012, 03:28 PM   #8
Kangaroo
para bellum
 
Kangaroo's Avatar
 
Join Date: Apr 2004
Location: Bay Area, CA
Posts: 33,338
that's great if he doesn't release the title, anything that happens with that bike will fall on his shoulders.
__________________


Sig courtesy of SpidermanSS 9-15-09

Brothers riding on...
Bandrews 10/11
Dieyoung69 11/10
Vman1300 3/09
Gawarrior 6/08
Elviswarrior 6/07
Crazyclimbr 3/07
K_flexxx 6/06
Kangaroo is offline   Reply With Quote
Old 11-27-2012, 03:32 PM   #9
Phantom blue
Puurs like a kitten..
 
Join Date: Nov 2012
Bikes: 06 R1
Location: Kingsport TN
Posts: 29
Like a speed camera ticket lol
Phantom blue is offline   Reply With Quote
Sponsored Links
Advertisement
 
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Powered by vBadvanced CMPS v3.2.2

All times are GMT -7. The time now is 06:57 PM.



Powered by vBulletin®
Copyright ©2000 - 2013, Jelsoft Enterprises Ltd.
Motorcycle News, Videos and Reviews
Ducati Forum Harley Davidson Honda 600RR Kawasaki Forum Yamaha R6
1199 Panigale Roadglide Forum Honda CBR1000 Vulcan Forum Yamaha R1
Ducati Monster Harley Forums Honda CBR250R ZX10R Forum Star Raider
Suzuki GSXR V-Rod Forums Honda Shadow Kawasaki Motorcycles Star Warrior
SV650 Forum BMW S1000RR Honda Fury Kawasaki Versys Drag Racing
Suzuki V-Strom BMW K1600 Triumph Forum Victory Forums Sportbikes
Volusia Forum BMW F800 Triumph 675 MV Agusta Forum Streetfighters