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 Bass boat title question
#13672785
08/18/20 10:34 PM
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Joined: May 2016
Posts: 20
LittleJoe0962
OP
Outdoorsman
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OP
Outdoorsman
Joined: May 2016
Posts: 20 |
If I buy a used boat from AL and get the title with it, do I keep that title when I go to register and pay sales tax on it? Since I’m getting a loan for the purchase, do I send the title to my bank?
Thanks
Joe
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Re: Bass boat title question
[Re: LittleJoe0962]
#13672796
08/18/20 10:48 PM
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Joined: Apr 2017
Posts: 12,176
tmd11111
TFF Guru
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TFF Guru
Joined: Apr 2017
Posts: 12,176 |
If you're registering it in Texas new Titles titles will be issued with lean holder. Generally the lean holder will hold them until the note it paid in full then release them.
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Re: Bass boat title question
[Re: LittleJoe0962]
#13672836
08/18/20 11:24 PM
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Joined: May 2016
Posts: 20
LittleJoe0962
OP
Outdoorsman
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OP
Outdoorsman
Joined: May 2016
Posts: 20 |
Sounds good. That’s kinda what I was thinking. Thank you.
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Re: Bass boat title question
[Re: LittleJoe0962]
#13673123
08/19/20 03:24 AM
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Joined: Sep 2006
Posts: 12,449
JIM SR.
TFF Guru
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TFF Guru
Joined: Sep 2006
Posts: 12,449 |
if you are using a bank, they should explain the process...be sure and ask. 
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