I'm not familiar with the specific laws in Az related to this situation, but as in most states, you probably have to get a judgment against the party in small claims court (assuming the amount of the claim does not exceed the jurisdiction of small claims in your state). If the party has other assets, especially a second vehicle which equals or exceeds the value of the judgment, you can generally have the vehicle legally seized by a deputy. You probably can't seize their principal means of transportation. This will usually cause the party to make restitution for the return of their vehicle. You can also get a lien on the parties real property, but usually you will only see the money when they decide to sell the property.
I don't claim to be a legal expert, but I have gone through a similar predicament in the past.
LEGALLY, YES, you can go get it IF your name is on the TITLE. be ready to deal with the money part of the deal from him.
a legally created written contract
It can be considered an open account or a written contract.
No. an oral contract is not as strong as a written one. And in some cases a contract that is not in writing cannot be enforced.
Arkansas's statute of limitations on a written contract is 5 years. Payments toll the statute of limitations. And be aware that the state law that applies could be different based on the actual contract language.
YES.
A contract is a legally binding agreement between the parties who have signed it, unless written into the contract otherwise, all parties are bound by the terms of the agreement/contract they signed.
From my Experience All you really need is a written Contract on the said property, Dealers, Used car lots, and Banks register the property financed so it shows the lien on the title. Private sales with money owed if you have a written contract you can repossess on site. if this is an oral agreement, You will have to go through the small claims division of the county courts
Your parents are not legally abided to pay you even if you do a service for them unless it is written out in a signed contract or you are their employee.
To say that two parties have a legally binding contract means that they have entered into a formal written agreement, and if either of them violates that agreement there will be a legal basis for a lawsuit resulting in expensive penalties being imposed by the court.
yes, you are in a legally binging contract if you are both over 18 years of age and are therefore able to repossess the car.
Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.Yes. The co-signer should insist on having an original copy of the contract, and any other documents they signed, since they are a party to the contract and the provisions are legally binding on the co-signer.