Under Texas law...even after auction of said item even a police auction if the owner claims the item even after it sells for a time of xyears 9don't remember want that was) they can legally take it back with out giving you a dime and you are out said money. But they have to give proof that its there's either by S/N number or bill of sale that records the item to them.

Something to keep in mind when buying cars as you fill out the paper work the car/truck will pop back up on the "radar" and they can claim it and will have the title along with other paper work.