Not true. Friend in Florida in the 1970's had his car stolen. Georgia
police gave chase to the stolen car and riddled it with about 150 bullet
holes. Car crashed and took out 150' of highway chain railing. Friends
insurance company had to pay for the damage. He owed the car, so is
liable for any damage it causes.

Bill, this is almost believable. The state/city/village/ins co has to go
after someone for the damage. I say this because my father in-law's car was
stolen last year, and was involved in a hit and run about 20 minutes after
it was stolen. He had already called and reported the theft minutes after it
happened. That still didn't stop San Jose's finest from coming to his house,
and interrogating him, like he was the driver! Once the records proved that
he had reported the theft *before* the hit and run, did they let up. He's
the victim, and he was treated like the perp.

Bottom line, his insurance paid for the repairs to his car (they *did* find
it...3 weeks later), but not to the person who was hit by the thief.

--Mike

"Calif Bill" wrote in message
ink.net...

"RJSmithers" wrote in message
...
JimH wrote:
"Eisboch" wrote in message
. ..
"Gene Kearns" wrote in message
...
On Fri, 30 Mar 2007 03:15:26 -0400, Eisboch penned the following well
considered thoughts to the readers of rec.boats:


If he's a dealer, which I now suspect, he didn't do anything illegal.
There seems to be way more cloak-and dagger stuff going on here for
something not to be borderline crooked, if not entirely illegal.

Trust me, as a buyer, I got on the wrong end of one of these deals and
you don't want to go there.....

If he sells the boat (with whatever representations he deems
appropriate) and pulls a disappearing act, the two signers of the
paperwork are likely left to duke it out..... You and Whomever....


Good point. I am not overly concerned because fundamentally I know
the boat and engine are fine. But, your point is well taken.

Eisboch


Let's say the brokers friend asks if he could use the boat for a day or
two and is involved in a fatal accident. Open your wallet because you
are legally the owner of that boat.

You should give your attorney a call on this.
Richard,

Whenever non-attorney's give you free advice, realize it is worth exactly
what you have paid for it.

You would not be responsible for any damages or have any more liability
than if someone stole your car and had an accident, even if it was a
fatal accident.




Not true. Friend in Florida in the 1970's had his car stolen. Georgia
police gave chase to the stolen car and riddled it with about 150 bullet
holes. Car crashed and took out 150' of highway chain railing. Friends
insurance company had to pay for the damage. He owed the car, so is
liable for any damage it causes. Said it would have been cheaper for the
insurance company to have just given the car to the thief. Locally a few
years ago, a person sold a motorcycle and filled out the change of
ownership statement that is sent to the state DMV. The DMV misplaced the
form. A couple of weeks later, the buyer crashed the bike and killed both
himself and a girl on the back. The girls parents were going to get
millions from the seller, as they could not prove they sold the bike.
Luckily for the seller, someone at the DMV found the form as they were
sending a bunch of old stuff to be burned.