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  1. #11
    Bronze Member
    Join Date
    Oct 2013
    Posts
    58
    Location
    Atlantic seaboard
    Tractor
    2007 Kioti CK20S HST with KB2465 backhoe

    Default Re: buying used -- how to know if "title" is "clear"?

    Thanks everyone. So the thing to do is to ask a lot of questions, figure out where the machine was bought and check with the original dealer, and to check for any local/state UCC records.

  2. #12
    Elite Member TSO's Avatar
    Join Date
    Apr 2012
    Posts
    3,757
    Location
    SouthEast Michigan
    Tractor
    Massey 1652 HST Cab

    Default

    Like already mentioned ...

    Each time I've financed a tractor here in Michigan, I receive the lien notice from the state a short time later in the mail.

    I would have assumed that lenders take these precautions in any state, as a way of protecting their investment.

    Also, if the tractor was paid off, and the lien released ... then a seller should have appropriate documentation proving that. The only time I would think that would not apply is this the person paid cash up front ... in which case, he should have a sales receipt.
    Massey 1652 HSTC - TEREX PT70 CTL
    Hustler Z Diesel 66" ZTR
    - JD Gator 620i
    Stump Bucket * 60" Tine Bucket * 60" HD Grapple Bucket * 68" 4-in-1 Bucket * 72" GP Bucket * 72" Rock Bucket
    90" Hi-Cap Bucket * QA Forks * QA Tree-Puller * 96" HD BackBlade * 84" Dual-Grader * 84" BoxBlade * 84" Rake
    78" Box Disc * 72" LP Seeder * 3pt StumpGrinder * 3pt Chipper * 96" Ford Flail * ATI Pre-Seeder 805


  3. #13
    Veteran Member GolfAddict's Avatar
    Join Date
    Oct 2011
    Posts
    2,338
    Location
    SE Minnesota
    Tractor
    Kubota BX24; John Deere 4020

    Default Re: buying used -- how to know if "title" is "clear"?

    The other consideration beyond a lien would be, if he's really unscrupulous, that he's leasing the tractor and scamming you into buying it when it isn't his to sell. I'm sure that's highly unlikely, but you already mentioned you will check with the selling dealer so I think you'd be pretty safe there.

  4. #14
    Bronze Member
    Join Date
    Oct 2013
    Posts
    58
    Location
    Atlantic seaboard
    Tractor
    2007 Kioti CK20S HST with KB2465 backhoe

    Default Re: buying used -- how to know if "title" is "clear"?

    Something I see a lot (on craigslist especially) are guys wanting to sell their tractor in order to pay it off. Any suggestions on how to handle that safely? Or just avoid such deals altogether?

  5. #15
    New Member
    Join Date
    Jan 2014
    Posts
    1
    Location
    Lynn, MA
    Tractor
    Kubota BX22

    Default Re: buying used -- how to know if "title" is "clear"?

    I just bought my first tractor, a Kobuta Bx22, I live in the city limits and have less than 5,000 sq feet of land. I just got tired of shouveling snow and the snow blower is just as tough to operate. I took a lot of grief about it when I first got it but I notice my neighbors all ask me to help them every time it snows. You got to laugh they look at me funny when I ask for gas money, not much just $5.00 per end of driveway and $10 for the whole driveway and they have to have a placed to put the snow, against the law here to put it back in the street. I'm retiring and need another toy.

  6. #16
    Elite Member TSO's Avatar
    Join Date
    Apr 2012
    Posts
    3,757
    Location
    SouthEast Michigan
    Tractor
    Massey 1652 HST Cab

    Default

    Quote Originally Posted by DroppedAxle View Post
    Something I see a lot (on craigslist especially) are guys wanting to sell their tractor in order to pay it off. Any suggestions on how to handle that safely? Or just avoid such deals altogether?
    What you'll do is, send payment directly to the Lein holder. If you pay more than he owes, either his lender will cut him a check for the overage, or you (or your lender) will cut two checks. One to the lien holder for the owed balance, and one to him for the rest.

    If he owes more than the sale, he'll have to pay the balance to his Lein holder before they release the title to you.
    Massey 1652 HSTC - TEREX PT70 CTL
    Hustler Z Diesel 66" ZTR
    - JD Gator 620i
    Stump Bucket * 60" Tine Bucket * 60" HD Grapple Bucket * 68" 4-in-1 Bucket * 72" GP Bucket * 72" Rock Bucket
    90" Hi-Cap Bucket * QA Forks * QA Tree-Puller * 96" HD BackBlade * 84" Dual-Grader * 84" BoxBlade * 84" Rake
    78" Box Disc * 72" LP Seeder * 3pt StumpGrinder * 3pt Chipper * 96" Ford Flail * ATI Pre-Seeder 805


  7. #17
    Platinum Member
    Join Date
    Jan 2014
    Posts
    847
    Location
    Kansas
    Tractor
    2013 John Deere 3032E

    Default Re: buying used -- how to know if "title" is "clear"?

    Quote Originally Posted by DroppedAxle View Post
    Something I see a lot (on craigslist especially) are guys wanting to sell their tractor in order to pay it off. Any suggestions on how to handle that safely? Or just avoid such deals altogether?

    You can handle that safely and sometimes get a really good deal. You will need to be in contact with his lien holder. If they are local then that is a big plus. If they are not you can still get in contact with them with the guy on the phone and find out the particulars.

  8. #18
    Platinum Member The Fred's Avatar
    Join Date
    Jun 2013
    Posts
    915
    Location
    hOOterville
    Tractor
    Couple of Orange Clunkers

    Default Re: buying used -- how to know if "title" is "clear"?

    By the way UCC filings need to come off your record! It's best to check in your home state to make sure as it can be a problem if the people you financed with don't remove them.|


    You can search by state:
    http://www2.sos.state.oh.us/pls/bsqry/f?p=100:5:0:::::

    Fred
    If you can't fixit trade it....

  9. #19
    Gold Member unbidden's Avatar
    Join Date
    Dec 2010
    Posts
    426
    Location
    R.I.
    Tractor
    Kubota BX2660

    Default Re: buying used -- how to know if "title" is "clear"?

    Quote Originally Posted by robdefm View Post
    hello folks,I would suggest checking to see if a UCC is listed with the state.It means uniform commercial code,and even if you think your loan isn't using the financed item as collateral--it is.While reading this I went and goggled UCC, and there they were,hope this helps,Rob
    Refer to the following:
    Secretaries Of State - Corporate Information


    Foster Center, RI

  10. #20
    Platinum Member
    Join Date
    Jan 2014
    Posts
    847
    Location
    Kansas
    Tractor
    2013 John Deere 3032E

    Default Re: buying used -- how to know if "title" is "clear"?

    Well I have a lien on a boat and truck and neither came up in a search. So much for their database being accurate.

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