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You can only have one owner name on a car title. If you have decided that you want it in one of your parent's name, you can sign the title over to them and list the dollar amount as $0 so you won't have to pay sales tax again, only title transfer fees. Unless of course they are buying from you.

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Q: Can you add a person to your car title if car was recently purchased and the person you want to add is one of your parents?
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Related questions

How do you get a title when the owner is in jail and you have purchased the car but can't get a title?

You can file for a lost title if you can not get the title from the person that is in jail.


How would you obtain a new title for a recently purchased vehicle?

If the car is paid off, you can probably get the title at the Department of Motor Vehicles. If the car is not paid off, the bank that holds your loan holds the title until the loan is satisfied.


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If title insurance is not purchased at closing, then it can be purchased later. Generally a title insurance policy can be issued within 14 days of the closing.


What happens if a buyer does not transfer a title and sells the car?

It depends on what state, generally,if the title was dated from the person you acquired it from, its 10 days, then they start assessing a fee. if you did not fill out the "new registered owner part, then DMV will think the person you sell it to, is the person who purchased it from the last name that was on the title, long as your name is not on it anywhere, your the silent middle person


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If you mean, after the obligor has purchased the property, yes. If you mean, after the obligor has sold the property and no longer holds title, no.


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you have to be 18 to own a car and have your name on the title. but you can sell a car to a person under 18 and have their parents put their name on the title


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Depends on the rank of the parents. They inherit the title when the parents die.


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Check with the DMV (Department of Motor Vehicles), which is where they would have had to make the transfer.


Should a car title be available when you purchase the car?

Yes, if you are buying it outright. As in a cash sale from an individual, A car lot may not have the title on hand if they purchased the car recently and have sent it to the state for reassignment. Be very careful we buying and only getting a bill of sale.


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You purchased a home with your parents you both live there you both pay a portion of the mortgage you both are on the title however you are the only one on the mortgage. Can parents deduct interest?

No, according to IRS Publication 936 only the person(s) legally liable to pay on the Note qualifies to claim the deduction. http://www.irs.gov/pub/irs-pdf/p936.pdf