Tractors without Title
Are you wondering why there are virtually no documents supporting your purchase of a new tractor? Some years back, I bought huge farmland, and having a tractor became necessary. Tractors not only reduce the time required for various tasks but also are very versatile. They are too expensive. When I bought my first tractor, I walked out of the tractor dealer’s shop with a paper in my hand which was the bill. It somehow seemed wrong to have no other proof.
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To not have any title or registration for such an expensive vehicle seemed odd. Felt like I was breaking some law. Anyone buying a tractor would want some evidence of ownership. Initially, I wondered, ‘do tractors have titles?’ However, I soon came to know that this is normal and there are some reasons for it.
1. Importance of A Title
We all love to have ownership over things that belong to us. More so, when it comes to big and expensive things like vehicles. A title allows a person to display his or her rights over a product. With a title, it becomes easy to show that you are the person who has bought the tractor.
It is also essential when you are buying a second-hand tractor. If there are no titles, there is nothing to show that it is not stolen. It can land you in trouble. It would be a big waste of money to find out that it is stolen. Having a title will give you peace of mind. You will be easily able to prove that you are the legal owner if it is stolen or there is some dispute.
2. Do Some Tractors Have Titles?
Like we told you earlier, it is not a simple yes or no question. Most farm tractors don’t come with any title, but some construction work tractors can come with proper registration. You can easily get a receipt that confirms your ownership, but a certificate of title of ownership is not part of the purchase.
Even buying expensive tractors with a price tag upwards of 250000 to 300000 dollars will not automatically get you a title. The only thing you get is a receipt, which you get when you buy any other much cheaper gardening equipment. Compared to this, buying a car will require you to do any paperwork to get the title even if the car is second-hand and is costing only 1000 dollars!
3. What Are The Alternatives?
Though you may not feel delighted without a title for your tractor, there are a few viable alternatives that can make you feel more in control.
4. Different Rules in the Different States
Some states have specific rules in place that make you eligible for a title.
It is better to check these rules and see what works best for you.
5. Problems with No Title
The biggest problem is finding out if there is a lien on a tractor you are buying second-hand. As there are no documents and registration, it is not easy to find this. There are two things you can try.
When you find out about any outstanding dues on the tractor, follow these steps.
Conclusion
Buying an expensive thing like a tractor without a title can seem odd and unsafe. However, with some prudent steps, you can ensure that you can prove your ownership. Make sure that you have a proper paper trail. Get a copy of the sale documents. All the relevant information should be there on the document.
It is also a good idea to take the seller's ID and attach it with the receipt and any other document.
Go ahead and buy a tractor without worrying too much.