Linux Mint 11 Rulez....
Being the paranoid person I am, I got to thinking.
I'm not a paranoid person, but I won't spend a dime on a project car until the paperwork is in my name.
Less thinking and more "doing" should be your first order of business.1. Get the vehicle titled in your name. Now.2. Get a comprehensive insurance policy to cover it while it's undergoing it's restoration.
Here's the problem guys: However, that was in 1986 in Oklahoma where it requires a notary. It wasn't notarized. He sold it to the guy I bought it from. Ibut no title because it wasn't done properly in 1986. So really, I don't have a problem.
That could be a problem. No matter what any PO says......that owner could claim a nice, restored Mustang due to the fact that there was no notary stamp on the title........I would not put a dime in it as Dave says. Find a way to clear the notary problem with some sort of legal finalization. MVD lies......especially about another state.
Hey! Isn't your plane over 25 years old? Why not try and get a title for it in GA? Hee Hee!
Any idea what happens if you ever decide to sell the car to someone out of state? I'm in the same boat, I had the title from Washington state and for whatever reason, Georgia would not title it. (I can't remember why.) I guess I should take the old title to the DMV and try to get it titled in the off chance I one day decide to sell (like that would happen!)
In 1981, I lived in Chattanooga TN. AL, MI & GA at the time did not require a title to register a car. Chattanooga lies within 45 minutes drive to two of these states, and not that much farther to the 3rd. Guess which city had the highest per capita auto theft at the time?I know first hand. My first car & first Mustang disappeared there.
The VIN must be run though the NCIC (that's why the Police had to come to my house), so I'm not sure why a titled car would be less prone to be stolen.
... You would have more problems explaining to a buyer that does not understand no title........