Hi everyone,
First-time poster here.
I'm in NJ and I'm considering buying a used boat + trailer from a local seller.
There would be a potential problem with registering the trailer.
In NJ, the trailer serial # / VIN is tracked by computer and printed on your registration card.
If you buy a used trailer you need to present this number along with a notarized bill of sale in order to register it at the DMV.
Here's the problem. The person I'm considering buying from is not the original owner. He bought the trailer from someone else about four years ago. He has the serial / VIN number but never got a bill of sale. He ran into trouble trying to register the trailer, but by that time he had lost the contact info for original owner. So he ended up simply _not_ registering the trailer.
Now, four years later, he's trying to sell the boat and trailer. Even if he and I do everything "by the book" (notarized bill of sale, etc.) when I go to the DMV they'll punch in the serial / VIN and the seller's name won't be the one that pops up.
It will look like he stole a trailer and then sold it to me!
Any thoughts on how to proceed? Is there any way to resolve this or should I walk away from the deal?
Thanks!
First-time poster here.
I'm in NJ and I'm considering buying a used boat + trailer from a local seller.
There would be a potential problem with registering the trailer.
In NJ, the trailer serial # / VIN is tracked by computer and printed on your registration card.
If you buy a used trailer you need to present this number along with a notarized bill of sale in order to register it at the DMV.
Here's the problem. The person I'm considering buying from is not the original owner. He bought the trailer from someone else about four years ago. He has the serial / VIN number but never got a bill of sale. He ran into trouble trying to register the trailer, but by that time he had lost the contact info for original owner. So he ended up simply _not_ registering the trailer.
Now, four years later, he's trying to sell the boat and trailer. Even if he and I do everything "by the book" (notarized bill of sale, etc.) when I go to the DMV they'll punch in the serial / VIN and the seller's name won't be the one that pops up.
It will look like he stole a trailer and then sold it to me!
Any thoughts on how to proceed? Is there any way to resolve this or should I walk away from the deal?
Thanks!