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1.367m later
Join Date: Feb 2002
Location: small farm town Iowa..........at last
Posts: 6,357
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You will post a bond equal to the value of the van. That way when the legal owner returns, if there is a dispute as to whether the transfer was legal or not you forfeit your bond. You are basically paying twice for the same vehicle. Or in some states the DMV holds the title untill the legal owner returns and signs off on it. In the meantime you cannot sell or use the vehicle as collateral
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Last edited by KevinP73; 09-14-2004 at 10:12 PM..
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