Legal Question in Business Law in Texas
I purchased a used boat from a local marine dealership 4 months ago. My bank and I both have, repeatedly, asked for the title to the boat. The dealership cannot provide the title, nor will they give me a straight answer regarding the status of the title. Was this sale legal if he title is disputed or involved in litigation?
1 Answer from Attorneys
In simple terms, you need the title. That is proof of ownership. Candidly I am surprised the bank lent you $$$ on the boat without having title. If the seller, especially a dealership, does not provide the title you have to seek a legal remedy and force him to give you title. The above is not nor should it be considered legal advice, or the acceptance of representation. It is a generalized answer to a legal inquiry.
I am Steven Barry Frankoff, and I can be reached at 281 704 6740, or [email protected]
Good LUCK
Related Questions & Answers
-
Are members of a limited partnership protected from any liability from securities... Asked 8/26/14, 3:49 pm in United States Texas Business Law
-
National Rights Council, a nonprofit organization, files a suit against the U.S.... Asked 8/25/14, 11:13 am in United States Texas Business Law
-
My work bounced payroll checks and is not willing to pay us for that paycheck and... Asked 8/25/14, 7:45 am in United States Texas Business Law
-
We opened a business and put the equipment up as collateral for a loan. Made the... Asked 8/22/14, 4:54 am in United States Texas Business Law
-
I am an independent sales representative for a Limited Liability Company (LLC)... Asked 8/19/14, 12:42 pm in United States Texas Business Law