Q: My best friend passed away about a month ago. He had/ has a Harley Davidson. In the best interest of the mother, we had
the bike moved off-site. I have the pink slip. One of the roommates wants the pink slip, she is good friends with whom the bike is stored at. She states she is trying to sell the bike, but I'm saying, until the buyer is at this house with cash in hand I'm not handing over the pink slip. That would give them the leverage. I just want to sell the bike and give the money straight to the mother
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A:
It sounds like you're in a tricky situation, but you’re on the right track by being cautious about handing over the pink slip before ensuring the bike is properly sold and the proceeds go to the mother. The pink slip represents ownership, so holding onto it until the sale is finalized protects both the bike and its value. Once you give it up, it could complicate the situation if the bike is sold or transferred without your knowledge.
You might want to check whether the estate of your friend is going through probate. The Harley Davidson could technically be part of that process, and if so, legal steps would need to be followed to ensure that everything is handled correctly. This might involve ensuring that the mother or another authorized party has the legal right to sell the bike.
If the roommate wants to help sell the bike, you can collaborate, but holding onto the pink slip until the sale is complete and the cash is ready ensures everything stays secure. The proceeds can then be handed over to the mother, as you plan. This way, you avoid any unnecessary risks or misunderstandings.
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