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A co-owner may only sell what they own- their proportionate interest in the property. They cannot sell the interest of the other owner.



A co-owner may only sell what they own- their proportionate interest in the property. They cannot sell the interest of the other owner.

A co-owner may only sell what they own- their proportionate interest in the property. They cannot sell the interest of the other owner.

A co-owner may only sell what they own- their proportionate interest in the property. They cannot sell the interest of the other owner.
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11y ago

A co-owner may only sell what they own- their proportionate interest in the property. They cannot sell the interest of the other owner.

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When husband inherits property should his wife be added to title or does she automatically become coowner?

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Can a cosigner coowner repossess a vehicle if the primary has not defaulted payment on the loan?

A cosigner or coowner cannot repossess a vehicle. That is something the leinholder does.


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Can I sell a vehicle if I am a coowner without the other owner signing?

I don't think so not without their approval.


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What is the difference on a car loan between a coowner and a cosigner?

Fairly simply, a co-owner owns the car, and possibly the way your phrasing it, the primary responsibility for the loan. Hence, the (co)owner will own the car when the loan is paid off. A cosigner is essentially only a guarantor of the loan receivor. He is also responsible for the payment of the loan to the bank. He has no responsibility, and possibly no rights, in the property it is attached to. I would note that it is possible (and more correct but in a sophesticated lender type of way) that the term coowner would mean that the loan is "cowned" by two (or more)lenders. As in Bank 1 and Bank 2 both own 1 loan on a property, having each given funds and each receiving the benefits (payments from the one receiving the loan) of the loan. This rarely occurs on simple finance transactions so I supect this is not what you mean.


Can the wife's name be added to a car loan that the husband originally made in his name only?

Yes! You will have go and add your name to the new paper work and title. * The loan will have to be refinanced if the couple do not reside in a community property state. Adding to the loan will not make the spouse a coowner unless they live in a community property state but it will make them a co-borrower and equally obligated for the debt in any state. A person does not need to be on the title to be on the loan and vice-versa. Although it is prudent to be placed on the title as that is what determines ownership, not the financial agreement.


Who has the right of ownership of vehicle Owner or coowner?

The primary and cosigner on a car note are equal owners. Neither has the "right of ownership" over the other. This is a common misconception. Both may not benefit from the transaction, but both will be negatively affected if the note is not paid.


Cam coowner of insured vehicle be sued personally along with driver of vehicle that is involved in cAR accident in Texas?

Yes. Anyone can file suit against anyone for any reason. Whether it gets dismissed right off the bat or not is dependent.


Can a coowner report a car in repossession stolen inn Vegas?

No. Namely, because the car wasn't stolen - it was taken back by the rightful owner (the financier), via a repossession agent. It's not the financier's fault - nor the repo agent's - that you neglected to make your payments.


Did Johnny Depp have an other job before acting?

Yes, Johnny has had numerous jobs before becoming a serious and brilliant actor. Johnny has been a pen salesman, construction worker, he toured with his bands, he owned a bar or was a coowner, he was also a gas station attendent