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Old Jul 6, 2006 | 05:23 PM
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GSRBoy
Living the dream
 
Joined: May 2002
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Default Buying a bike that has been financed

Hi I was wondering if I were to buy a bike that was financed, what would be a way to cover my ass in case the person doesn't send the title after payoff? I'm looking at a bike, and I'm planning on giving the owner the amount owed on the bike. I was thinking of, on the bill of sale, writing something like "owner owes buyer title when received from bank" or something of that sort...would this hold up?
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