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signing the back of the title

Discussion in 'Ask An Owner Operator' started by WickedTrucker, Jan 23, 2014.

Page 1 of 2
  1. Jan 23, 2014 #1
    WickedTrucker

    WickedTrucker Bobtail Member

    37
    10
    Apr 27, 2009
    Milwaukee,WI
    0
    any owner/ ops that have had a company tell them to sign the front of the title and the back of the title? I am thinking of making the switch from company to owner/ op and that is one of the requirements they ask for. I was under the impression if you signed the back of the title you are basically signing the title over to whomever wants to take the truck from you.
     
    WickedTrucker, Jan 23, 2014
    WickedTrucker, Jan 23, 2014
    #1
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  3. Jan 23, 2014 #2
    baha

    baha Road Train Member

    4,137
    2,835
    Jul 25, 2013
    ga
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    ARE YOU BUYING TAG THRU THEM/ might have to be title in their home state, Be carefuk? If you have A loan on it Lender might not go for this deal, might be better to tag it yourself.
     
    baha, Jan 23, 2014
    baha, Jan 23, 2014
    #2
  4. Jan 23, 2014 #3
    Krashdragon

    Krashdragon Medium Load Member

    651
    305
    Apr 10, 2012
    Cleburne, Tx
    0
    What exactaly does the fine print by that line say?
    All titles are not the same. Read carefully.
    Good luck
    Mary
     
    Krashdragon, Jan 23, 2014
    Krashdragon, Jan 23, 2014
    #3
  5. Jan 23, 2014 #4
    WickedTrucker

    WickedTrucker Bobtail Member

    37
    10
    Apr 27, 2009
    Milwaukee,WI
    0
    I don't have a title yet as I only just asked what I needed to do to lease on to the company I work for yesterday. The person I talked to said the company will pay for the tags. I will have to write everything down today when I go in to drop this trailer and pick up my next load. I wouldn't actually plan to stay at this company for long if I do become an owner/ op as I don't like the trailer maintenance or lack there of.
     
    WickedTrucker, Jan 23, 2014
    WickedTrucker, Jan 23, 2014
    #4
  7. Jan 23, 2014 #5
    baha

    baha Road Train Member

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    Jul 25, 2013
    ga
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    Plan on buying tag in your name if your not going to finish out the full tag year, ask when their tags renew. you can spend 3,000 or more per year on tags after changing leases just a few times till you find a CO. that pays well$$$
     
    Last edited: Jan 23, 2014
    baha, Jan 23, 2014
    baha, Jan 23, 2014
    #5
  8. Jan 23, 2014 #6
    WickedTrucker

    WickedTrucker Bobtail Member

    37
    10
    Apr 27, 2009
    Milwaukee,WI
    0
    ok thanks. I am still only looking into the options as I am not gonna do anything until after I get my tax returns but the title concern threw me when she said to sign the back of it.
     
    WickedTrucker, Jan 23, 2014
    WickedTrucker, Jan 23, 2014
    #6
  9. Jan 23, 2014 #7
    passingthru69

    passingthru69 Road Train Member

    8,740
    34,848
    Jul 12, 2009
    davenport,Ia / ratchaburi, thailand
    0
    I have never had to sign my title just to get tags. I just send them a cop of the front and back of it.
    Something does not sound quite right with that
     
    passingthru69, Jan 23, 2014
    passingthru69, Jan 23, 2014
    #7
    Cetane+ and 281ric Thank this.
  10. Jan 23, 2014 #8
    281ric

    281ric Road Train Member

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    Oct 20, 2011
    TX
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    wouldnt that make them the owner?
     
    281ric, Jan 23, 2014
    281ric, Jan 23, 2014
    #8
    Cetane+ Thanks this.
  11. Jan 23, 2014 #9
    CondoCruiser

    CondoCruiser The Legend

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    Apr 18, 2010
    Tennessee
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    Are they financing the truck for you? They might have you sign it so a new title can be issued with them listed as a lien holder. Then when you pay it off they will sign the box releasing the lien. Take the time and read any contract/title carefully.
     
    CondoCruiser, Jan 23, 2014
    CondoCruiser, Jan 23, 2014
    #9
    281ric Thanks this.
  12. Jan 23, 2014 #10
    wonderdog24

    wonderdog24 Medium Load Member

    377
    127
    Mar 1, 2012
    Puyallup,Wa
    0
    I believe the change is only to the registered side of the title not the legal owner side.... Not that unusual when leasing on to company
     
    wonderdog24, Jan 23, 2014
    wonderdog24, Jan 23, 2014
    #10
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