

| Subject: | Re: Out of state purchases. |
| From: | Stuart MacMillan |
| Date: | Thu, 7 Jan 1999 08:12:19 -0800 |
If you want to do this deal Fed Ex the title to the bank for Monday delivery. Write up a bill of sale that includes the year, make, model, price and the statement "as is where is" and each of you keep a signed and notarized copy. If the buyer has an accident your insurance company and his will settle the loss based on who actually owns the vehicle, which will probably be you until you have the funds, so make sure he has insurance, and check with your agent too. I used to be a broker and never had a problem, just be sure you understand the laws of your state regarding title transfers and sales agreements. Stuart
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