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At what point am I free of liability?
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April 5th, 2017
Regarding a vehicle, if they give us the money, and we give them a bill of sale, and the title is signed, am I free and clear at that point? What if they never register it? How does anyone know the title was actually signed?
What if we have to wait until the title is mailed to us, after we pay the loan off with the money the buyer gave us, ergo, the title isn’t signed?
At what point is it safe to drop insurance on the vehicle?
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