Posted by CarolFL on March 11, 2000 at 11:10:06:
Don’t go away! Tell me more.
When Dennis took the course, they told him that, in effect, to do “lonnie deals” he would need to be a DEALER, not a BROKER, as the MH’s would be in his name. The only way around that would be to keep an open title from the time it was signed over to you and until it was sold … which would be conceivable and though probably not legal would likely never be caught if it were simultaneous.
Otherwise, if you take title from Sam Seller on Tuesday and don’t have a buyer sitting there ready to sign on the line it should be titled and insured in your (or your entity’s name)… and that requires a dealer’s licence.
At least, this was what we were told by the good folks doing the course in Orlando (Winter Park).
If your info is different, please post or email me… we would greatly appreciate it!