From: Glenn Shaw (mpmutt@mtaofnj.us)
Date: Fri May 07 2004 - 10:02:00 PDT
Hi
I think you ought to read the following link:
http://www.caag.state.ca.us/newsalerts/2004/04-042.htm
All the title services seem to be involved in this now. CA has brought
the house of cards down on that stuff. A lot of people were registering
all kinds of vehicles, which were not MV's by the way, fraudulently.
All the states are now backtracking through the registrations from the
past five years to find any title searches that link to any of the title
companies and are putting them under the magnifying glass.
If you use the title company method, you must make sure that:
1. The vehicle is actually transferred legally and "physically" from
one owner to the next. Must have documentation of this for all sales.
2. That the vehicle ID numbers are OK going back through the chain of
owners.
3. That the sale price is actually equal to or higher that actual value
for each sale.
4. That you have a receipt for sales taxes paid at each step of the way
to all states involved.
5. If you have been following the Humvee investigation in CA, they are
backtracking all of those high value, "high profile", newsworthy
vehicles all the way back to AM General now. Stay tuned.
6. This is serious stuff guys... Jail, probation, huge fines and atty
bills. I would not want to see someone fall victim to this. Do it
right.
Later
Glenn
-----Original Message-----
From: Witold Grzymala-Busse [mailto:wbusse@ips-networking.com]
Sent: Friday, May 07, 2004 12:13 PM
To: Military Vehicles Mailing List
Subject: [MV] Al. Title serivce and Utah
Will the Alabama title paperwork work in the fine state of Utah on a
truck made in 1983? There are states that will not accept the AL
paperwork,
WGB
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