Is the co-signer the same as the co-buyer?

Answer . No. A co-signer is a person who guarantees the loan and a co-buyer is a person who has equal ownership and liability. An example is when a young married couple w (MORE)

Do both the buyer and co-buyer have to be on same insurance policy even if one never drives the car?

As the cosigner has a financial interest in the property, meaning if something happens to the vehicle he can be made to pay "All" the bills, Then he should certainly be insure (MORE)

Who has rights to the title buyer or co-buyer?

It depends on whose name or names are on the title. A co-signer of a loan isn't necessarily an owner. Their name must be on the title to the property also. The person or perso (MORE)

What is the difference between the buyer and co-buyer?

Nothing. They are just two people saying they will be responsible for the loan. The difference is where you sign on the contract. Legally there is no difference. The co-buyer (MORE)

What are your rights as a co-buyer?

If two people purchase a car and finance it through a finance company both names should be on the title and insurance and each has an equal right to the car and equal responsi (MORE)

Who owns the car the buyer or co-buyer?

Whoever is listed on the Certificate of Title is the owner of the car. Whoever is listed on the Certificate of Title is the owner of the car. Whoever is listed on the Certif (MORE)

Is the co signer the same as the co buyer?

No. The co-buyer has an ownership interest in the property. The co-signer does not and only guarantees the loan will be paid. The co-signer is equally responsible for paying o (MORE)