Summary: Title jumping occurs when someone sells an automobile to another person after simply signing their name in the "Seller's Signature" Section of the title, resulting in an "Open Title." If you believe you have been duped, contact Allen Stewart.
[11th November 2022, Texas] If the Seller's name (the person who sold you the car) is not on the title, you, this person, and the original owner are all jumping the title. If the state DMV discovers this, there will be no record of the seller, only you and the signed owner, making you liable for a Felony.
When you acquire a car, and the seller forgot to sign title, and no buyer information is filled out, you have what is known as an Open Title. That occurs when the owner of a vehicle signs their name in the title's "Seller's Section" but fails to fill out any extra information concerning the sale, such as:
Price
Mileage
Buyers information
Things to look out for to avoid a skipped or jumped title:
You are purchasing a vehicle whose title is not in the seller's name.
The seller's signature area is blank, or the seller must remember to sign the title.
The buyer and seller signed the title to the car, but it was never transferred. (After purchase, the state will ALWAYS issue you a new title with no written or signed information.)
Before you even agree to buy, the title is already signed (A signed title is a risk, and owners don't just sign titles).
People jump automobile titles mainly to make money selling cars quickly and easily. Not registering their purchase with the DMV allows them to evade regulation and avoid Sales Taxes (Make more money).
Title flipping used to be a problem isolated to tiny used automobile businesses looking to reduce their operating costs and enhance the turnover rate of their inventory.
Auto dealers will frequently refuse to take a consumer seriously unless they retain the services of an attorney. Signing on with Allen Stewart, P.C. demonstrates your dedication to seeing your case through to the end, and the attorneys here will be there for you every step of the way.
Most automobile manufacturers recommend new car breaking-in procedures, which you may find in your vehicle's manual. A new car breaking in reduces premature engine wear and ensures that oil flows easily and evenly through all moving parts.
But before going through these costly procedures, you should consider whether the seller forgot to sign title.
You should consult Allen Stewart if you face any problems regarding Title Jumping. Do you have more concerns about Title Jumping? Click on https://www.allenstewart.com/
About the company
Innocent individuals and entire communities need a strong, successful champion when big business threatens their interests. Allen Stewart is dedicated to protecting the rights of people who have been hurt by others and is one of the country's top toxic tort lawyers. Allen Stewart is one of the top toxic tort litigators in the country, and his client triumphs are supported by some of the most prominent awards and certifications in the legal sector. The National Law Journal designated Allen Stewart as one of the Most Successful Young Litigators in America.
Contact
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Address: 1700 Pacific Avenue, Suite 2750, Dallas, Texas 75201