Selling the bike and liablility. - Chicagoland Sportbikes
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post #1 of 8 (permalink) Old 02-14-2008, 05:36 PM Thread Starter
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Selling the bike and liablility.

If I sell my bike and sign over the title to John Doe am I liable IE: if he crashes and kills himself the same day? (age restrictions 18+)
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post #2 of 8 (permalink) Old 02-14-2008, 05:45 PM
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If they are going to ride it off, have them sign a waiver and take down their driver license number and check it for an M class endorsement.

That is the best you can do in case some dipsh!t tries to turn around and sue you.

Everyone Exaggerates

We're being taken for a ride... agaaaaaaain.....


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post #3 of 8 (permalink) Old 02-14-2008, 05:50 PM
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Quote:
Originally Posted by Arch View Post
If they are going to ride it off, have them sign a waiver and take down their driver license number and check it for an M class endorsement.

That is the best you can do in case some dipsh!t tries to turn around and sue you.
That and a "Bill of Sale" time stamped and dated would work - Sounds corny but it makes sense

"Life is not a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside, thoroughly used up, totally worn out, and loudly proclaiming WOW, what a RIDE !!"
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post #4 of 8 (permalink) Old 02-14-2008, 10:30 PM Thread Starter
Listen to Motley Crue
 
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How do I give a bill of sale? Stamp? Just type up a waiver and have them sign it, and date it?

Thanks for the help.
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post #5 of 8 (permalink) Old 02-14-2008, 10:38 PM
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Date and Time and you and the buyer both sign on it and you're covered.

But, clearly, since the date is normally signed the the goof has your bike and you've got his cash, things would point to "NO LIABILITY"

I"ll post up what my normal Bill of Sale looks like.

-------------------------

Vehicle Bill of Sale

One (1) YEAR MAKE MODEL
VIN # JH2WHATEVER000667

with approximately 9,XXXX original miles.

Illinois Title #__________________________

Owner: YOUR NAME
YOUR ADDRESS
CITY, STATE, ZIP


Has been sold to:

______________________________________

of

____________________________________

____________________________________


On this day: _________________________


There is NO warranty implied or expressed.
Seller hereby states that this vehicle performs as advertised and is
current in all maintenance. (assuming this is true)

Owner certifies that this vehicle has never been hit by another vehicle and
this motorcycle does not have any known flaws that would affect safety or performance.
(assuming this is true)

By signing this document, the buyer assumes all liability for this vehicle.


_________________________________________
Your Name, Owner DATE


Buyer agrees to above terms and is buying vehicle "As is."


_________________________________________
Buyer DATE

Last edited by crashomon; 02-14-2008 at 10:43 PM.
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post #6 of 8 (permalink) Old 02-15-2008, 12:21 AM
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even better would be to get any bill of sale notarized. unfortunately you have no way of checking their license endorsement if it's not actually on their DL.
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post #7 of 8 (permalink) Old 02-15-2008, 07:24 AM
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No need to check for the M Class (unless you're silly enough to let them test ride it). Law states you can buy anything that's legal to own - even if you're not authorized to operate it. Chicago Cycle trick: Don't let them ride it on your property! Get them out into the street. What they decide to do from there is up to them.

From there, what the others have said. Get the bill of sale signed, get the money, give them the title. Your hands are clean.

<---- Patrick

Property of Evil Monkey Racing

Just because I don't care doesn't mean I don't understand.


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post #8 of 8 (permalink) Old 02-15-2008, 07:56 AM
Joe Momma...
 
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Send a message via AIM to JoJo
http://www.dmv.ca.gov/forms/reg/reg135.pdf

For some reason most of the online forms don't have a spot for the buyer's sig.

My name is JB, people call me JB

Quote:
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"I wouldn't be surprised to see this guy catch a pass with his ass cheeks"
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