[RV4Flyer]

This has always been a difficult situation in MD if it is anything like a car and the trailer is registered in MD. In order for the current owner to pay it off and get the lien release they may need the purchase money from you to do it. Once the owner pays it off then the bank sends them the lien release which looks like a duplicate title in MD, other states do thing differently depending on the state. Depending on the bank it typically takes about two weeks to get the lien release from the bank. This means if they need the purchase money from you, you will need to trust they will deliver once they have your money. The best way to handle this is to only give them upfront what is needed for the payoff then the balance at delivery. Ask if they can upfront as much as they can so less out of your pocket up front. Try to do the transacation at a branch of the bank that holds the loan as well. Also negotiate to take the trailer with you on their tags so you have it in your posession, this is probably going to be a sticky point to win though. They may also be willing to sign over the title to you with the payoff deposit so you at least have that. For registration in MD it will require the original title plus the lien release. Be sure to write up a contract spelling everything out.