Hi, New member here. How do I check if there is a lien on a tractor I'm thinking of buying in the U.S. for immediate use here in S. Ontario?:confused2::anyone:
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Hi, New member here. How do I check if there is a lien on a tractor I'm thinking of buying in the U.S. for immediate use here in S. Ontario?:confused2::anyone:
You can check for a Uniform Commercial Code (UCC) lien through the appropriate Secretary of State's office: Secretaries Of State - Corporate Information
Steve
You should be able to check with the Finance arm of the manufacturer. Dealer might be able to tell running the VIN number.
Steve has it correct. Without a title, the ONLY way for a lender to protect his loan is to register the tractor lien with/through the UCC. If it does not show up in a UCC search, you can rest assured it is free and clear.Quote:
Originally Posted by smstonypoint
Keep in mind that a business can have all of their equipment encumbered as a loan collateral - and the UCC filing might not specifically list the tractor. Make sure you check not only the individual, but any businesses he might own to be in the safe side.
If you are overly concerned, it would be worth the couple hundred bucks a lawyer would charge to do the search for you.
Good luck with your purchase.
Thanks for the tips guys.:thumbsup::thumbsup::applause::applause::appl ause:
Now all I got to do is find someone with a snow-blower attachment so we're not stuck out here in the country this coming winter :cheerful::cheerful::cheerful::frosty::frosty::fro sty::frosty::frosty::santahat:
Went all the way to Baltimore (OhiOhhh) to pick up a John Deere 855 (1997). 300 genuine hours (!!!!!) on it -luck o'th'Irish. The 'bulletproof' variety (built b4 1998, just). Good friend Bill along for the drive &driving (Thanks Bill:number1::number1:).
Not saying I got a :dollarsign:teal but 'bulletproof' is worth. Why are companies, in general, not making stuff as good as they used to? Rhetorical!! Now going to have some fun changing "Baby's:tractor:" 'diapers' etc.:wrench::wrench::wrench::cloud9:
** Went all the way to Baltimore (OhiOhhh) ** Only 6-8 miles from me..!! :)