Tuesday, November 22, 2011

I need Opinions and legal advice regarding a sale with a verbal agreement & a Price Change? Please Help!?

Please help! This is tearing our family apart! Any Legal advice %26amp; Opinions would be appreciated!





My family bought a car from our cousin. We paid him $1,000 less than the agreed price because we didn't have the money then, but he understood and said he was fine with it. So we didn't receive the title from him yet. But we did bring the car home and it is currently in our garage. But now, my cousin has raised his Original price by several thousand. We don't want to pay that price, so now he wants the car back. Legally, Can he really take the car back?





He does have the title %26amp; it was only a handshake agreement with 2 witnesses (on opposite sides). But the car is on our property.





I Really want it because it is a 1970 BarracudaI need Opinions and legal advice regarding a sale with a verbal agreement %26amp; a Price Change? Please Help!?
give that crap back get your original money from him and let it go. Besides in about two years the blanked that saves vehicles older than a certain amount of years from emissions will be lifted and I can tell you unless you put a brand new engine that meets all current emissions for that type of vehicle there is no way in hell that vehicle will pass, so you will loose your money anyways. As for legal stuff of course he can take the car back, he has the tittle, the vehicle is owned by him. Without a tittle on your possession, who cares of what verbal exchange there was. This is a case of logic if you know you will hand over money you need some sort of receipt, if you did not take measures possible to do so, regardless of association, the law considers your actions negligent in the transaction, and will judge against you, unless you paid with a check and it was cashed. That is just as good as any receipt in that case judgment in your favor. My advise get your 1,000 back and give him the scrap back. In my opinion that vehicle is only worth about 80 bucks of steel, with prices now day maybe 75...I need Opinions and legal advice regarding a sale with a verbal agreement %26amp; a Price Change? Please Help!?
This is why you should never do business with family.


The cousin agreed to extend credit on the 1 thousand dollars, so no he cannot reclaim the car, nor can he raise the price.


It was an oral agreement, witnessed and that makes it binding.


(Don't be surprised if this creates a little conflict between the families.)


Good Luck.
Since he didn't sign over the title, it still belongs to him. He's a jerk!

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