Talk of The Villages Florida - View Single Post - Any new info on golf cart insurance with renters?
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Old 12-16-2016, 02:02 PM
ColdNoMore ColdNoMore is offline
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Quote:
Originally Posted by Sandtrap328 View Post
What I meant was what would prevent me from keeping the cart that I paid you $1 - and not selling it back to you for $1?
Put a date on when the cart must be sold back in the legal document.

Or even structure it as a lease, with the lease dates and the inclusion of when the lease expires...and it reverts back to the original owner.

I can't imagine that with all of the auto's under leases, that there isn't ironclad verbiage to ensure that the lessee doesn't get to keep the car.

Like I said though...it's just a thought.