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Re:Autos and Bills of Sale
question for you ice:
considering a new car:& the MSO & original bill of sale (at time of purchase from a dealer) were surrendered to the state in exchange for certificate of title, registration, etc.& the "vehicle" was then sold to another party.
because the "owner" was actually the state prior to that sale (merely issuing a certificate of title, aka beneficial interest, the "seller" not holding actual title), doesn't any subsequent sale therefore require re-registration, etc., with the "real" owner (the state)?
i'm not sure i phrased that quite right, but i think you'll know what i'm askin...
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