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Is a bill of sale good enough legal wise if the new owner never transfers ownership?

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Is a bill of sale good enough legal wise if the new owner never transfers ownership?

Old 09-28-2020, 10:30 PM
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Default Is a bill of sale good enough legal wise if the new owner never transfers ownership?

I looked up a boat I sold last year and I see I'm apparantly still the owner of it, so I'm not a happy camper. I did get a hand written bill of sale from the guy, but it seems like that isn't good enough these days. I guess I can go online and report that it was sold also, although I'll have to find his address.

opinions?
Old 09-28-2020, 10:30 PM
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Can I report it as stolen?
Old 09-28-2020, 10:37 PM
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Originally Posted by fishmaster273 View Post
Can I report it as stolen?
That escalated quickly
Old 09-28-2020, 11:01 PM
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Originally Posted by fishmaster273 View Post
Can I report it as stolen?
What are you trying to accomplish here? Why not just report the sale?
Old 09-28-2020, 11:04 PM
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When I bought my sailboat, I went to the county tax collectors office to transfer the registration a few days later. I was pleasantly surprised to learn the the previous owner had already done the work and paid for my new registration. Probably was best for him also so he didn't have to worry, or he was just being a nice guy, many years ago when that was popular.
Old 09-29-2020, 12:42 AM
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Do /did you have a title for it?

FWIW- This is from the Texas Parks & Wildlife website:
"Seller – by accompanying the buyer to the local office you are assured that the record is transferred out of your name and future liability for the vessel/outboard motor eliminated. The vessel/boat and/or outboard motor title will remain in your name until a new title is applied for and processed. If you do not accompany the purchaser to your local office, submit a Vessel/Boat or Outboard Motor Ownership Transfer Notification to Texas Parks and Wildlife (Ownership Transfer Notification Online)."

Also:
"
Sec. 31.037. CHANGE IN OWNERSHIP INTEREST; NOTICE TO DEPARTMENT.

(a) The recorded owner of a vessel numbered in this state shall notify the department not later than the 20th day after the date:
(1) of the transfer by sale, donation, gift, or other means of all or any part of the owner's interest in the vessel, other than the creation of a security interest in the vessel;
(2) of the destruction or disposal of the vessel; or
(3) of the permanent removal of the vessel from this state to another state or country.

Ownership Transfer Notification Online ++++++++++

Effective January 1, 1994, all motorboats and all outboard motors must be titled. "
Old 09-29-2020, 01:01 AM
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Oh okay. I'll just report it online then. I had no idea it was that easy.
Old 09-29-2020, 02:07 AM
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Originally Posted by Sharpest View Post
That escalated quickly
To be fair, it had only been 30 seconds since he posted and didn't get an answer yet.
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Old 09-29-2020, 05:16 AM
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You should always report sale immediately after to avoid a problem if boat is abandoned some place.
Old 09-29-2020, 05:57 AM
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Did the new owner renew your registration in your name to avoid re-registering the boat?
Old 09-29-2020, 06:08 AM
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Had that issue with a Van - Guy never transferred ownership. He got arrested and the Van impounded. He went to jail, I paid the impound yard fees, got my Van back and sold it again for more money. Gave the jail birds dad his money back minus the impound fees. Will never sell a titled anything again without going to the States Tag agency to do the transfer on the spot.
Old 09-29-2020, 06:12 AM
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What state? What do they say about notification regarding a sale? In SC notifying the SCDNR of ownership changes is due upon sale, without exception.
Old 09-29-2020, 06:15 AM
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I work with the Boating and Waterways program for a local government in east Central Florida. We deal with derelict vessels (sunken and abandoned vessels) all the time. Ive seen a number of cases where law enforcement contacted the last known owner and they had sold the boat. The State doesn't know that and they get subpoenaed by the Courts. In this case you better have a bill of sale otherwise there is zero proof you sold the boat. It is so important to make sure a vessel sold is registered in the new owners name to avoid that debacle all together.
Old 09-29-2020, 06:18 AM
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Originally Posted by fishmaster273 View Post
Can I report it as stolen?
Yeah until the guy gets asked about it and provides the bill of sale and now you are screwed for filing a false police report.
Old 09-29-2020, 06:37 AM
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Originally Posted by Lorne Greene View Post
Yeah until the guy gets asked about it and provides the bill of sale and now you are screwed for filing a false police report.
Only thing he has is the title with my name on it. I have the bill of sale he signed.
Old 09-29-2020, 06:38 AM
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Originally Posted by Shewillbemine View Post
To be fair, it had only been 30 seconds since he posted and didn't get an answer yet.
I was just adding to the original question.
Old 09-29-2020, 07:23 AM
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I don't understand why people do this, you can't even register the vehicle when you aren't the actual owner. They just roll around with expired tags, then what happens?
Old 09-29-2020, 07:59 AM
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That happened to me, the boat was never registered to the new owner, he abandoned it some 45 miles from where I live, he got tickets, that they wanted me to pay, I had to pay or there was going to be a lien put on my home, now I always report the sale to the DMV
Old 09-29-2020, 08:02 AM
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Depends on the state.
Old 09-29-2020, 08:06 AM
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Originally Posted by fishmaster273 View Post
Only thing he has is the title with my name on it. I have the bill of sale he signed.
What state are you in. What is there rule regarding notifying the state of the sale? Did you follow it?

Given you have a copy of the BOS, contact them now, and get it straightened out. If the notification method is to mail a document of some sort, just play dumb and act like you did so...they might waive any fees. Regardless...you probably have to contact the titling agency in some way or another and tell them you no longer own the boat.

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