Have Legal Questions? Ask a Lawyer Now.
I am going to offer the vehicle seller the price we agree at, list the vehicle and sell it for a larger amount but want to guarantee the buyer I can deliver the vehicle. I would guess that if I cannot acquire the car and the buyer doesn't suffer a loss there wouldn't be a consequence per say. What's your opinion about not having any contract except for the ill of sale between myself and the buyer as I sell to them.
I am planning to receive the title and then sign it over to the buyer
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).