At any rate it really sucks to be you when the other party involved in the trade finds out you cancelled the transfer on the registration papers. Shannon is right, it was illegal what you did. I hope you have a really good attorney...but I hope you are more mature in the next deal you make on a horse, because it seems as though you want to blame your parents for your mistake by your decided absence on the day of the trade. Please educate yourself in the horse world and in the law beforehand...ALWAYS ALWAYS have a licensed vet perform a PPE on a horse that you plan to acquire. It will save you from situations like the one you're in now.