Kubota Titles ???

   / Kubota Titles ??? #11  
I would be concerned if I were you. Here's a worst case scenario. If the seller still owes Kubota Credit money; that's a secured loan, and it's secured by the tractor, Vin or no Vin; title or no title. If the seller blows off Kubota ( "Something came up." Or "my wife got real sick and I had to pay for the treatments.") Kubota still wants what is owed them. They will get their money by repossessing the tractor and selling it as they have a lien against it, that's their security. They will then give money from the sale, if there is any money, to the original borrower since legally you are just some guy on the street who got burned.
I would get in contact with the seller to see what's up, and to get the lien release (a letter from Kubota). For all you know the repo guys have been looking everywhere for your tractor.

28 years with the Credit Union; yes we have repo'd tractors.
 
   / Kubota Titles ??? #12  
The days of the handshake agreement are long gone. You can no longer trust anyone to do what they say.
This situation here is why I only buy trucks, boats, tractors or anything else that can have a lien from a dealer. New or used.
From a dealer these situations are rare and if it does happen, dealers have assets and are collectible so a lawyer will take your case.

To the OP I hope your seller did what he was soposed to do.
 
   / Kubota Titles ??? #13  
When I bought my truck with a lien on it I made my check out to the lien holder in the amount that was owing. Then the seller got a smaller check. Thing is when I did a lien search it showed nothing. The lien was in a different province. Weird in today's computer age that one province would not tell the next one.........
 
   / Kubota Titles ??? #14  
They told me it was private info and would violate there privacy policy if they were to divulge it.

I'd call back and ask for a manager. They certainly should tell you if there is a lien on it. They might not tell you how much, or whose name it is in. But they can give you a yes/no answer. Tell them you are looking to purchase the tractor and need to know if the lien has been cleared. That information is not private property IMO.

I bought a dirtbike a few years ago that I knew had a lien on it. The seller still hasn't paid it off! I know because I can look it up myself on the DMV website. This is why I believe liens aren't private property. I've also been given lien releases from banks, for two different items that I wasn't the legal owner of (1 dirtbike and 1 ATV).
 
   / Kubota Titles ???
  • Thread Starter
#15  
I'd call back and ask for a manager. They certainly should tell you if there is a lien on it. They might not tell you how much, or whose name it is in. But they can give you a yes/no answer. Tell them you are looking to purchase the tractor and need to know if the lien has been cleared. That information is not private property IMO.

I bought a dirtbike a few years ago that I knew had a lien on it. The seller still hasn't paid it off! I know because I can look it up myself on the DMV website. This is why I believe liens aren't private property. I've also been given lien releases from banks, for two different items that I wasn't the legal owner of (1 dirtbike and 1 ATV).

That is exactly what I told them. When she said it was private I said I was only interested in weather the tractor had a lien or not. I didn't need any personal info. She said I can't tell you that. I said If you can't help me do you know how I can find out. She hung up on me.

I like O3griz's method. That makes a lot of sense. I will remember that.

gg
 
   / Kubota Titles ??? #16  
I too will second 03grizs, and have actually went to to a local bank and paid a lien off on a used car I bought.
Will
 

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