yes If you are on the title as lien holder. If not, you will need to go to court and show that the person with the car has defaulted on the contract.
The title is in your name, so you hold all the rights.
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.
if da buyer does not get da title in their name legally is not ders
A Legally Binding Agreement.
As long as its in HER NAME on the TITLE, you better have a loan contract showing the car as collateral before you 'take" it.
You signed away those "rights" when the title was assigned into the name of the former friend. The only way to revert things back on the title, is for the former friend to "sign off" as owner and for you to "sign on" as buyer - then take the ownership document to your local Motor Vehicle office and have the title legally changed to your name.
Yes, if it is paid for. If it is not paid for it is legally owned by the lien holder(s) whose name appears on the title. The vehicle title always designates ownership.
Absolutely, if the friend has not paid the payments that were agreed upon in the contract you can absolutely go and reposess the car, just before you do, ask yourself how good of a friend this is, maybe they are going through a hard time a need a little break from you, if you want the car back worse than you want your friend, then by all means, go and get it, might want to go to the local police office and get a police officer to go with you just in case there is a problem.
Legally? Absolutely not.
Was there a written contract between you and your friend that listed repossession as a cure for non payment? I would consider contacting an attorney on this one.
When you are considered to be legally an adult. Minors are not capable, 'legally,' of "owning" property.
The person with their name on the title legally owns the car. Bottom line.
It is not his car to sell legally unless the title is in his name with no liens. If you want to buy the car, you need to reach an agreement with the titleholder.
You can sell your real property if there is a conveyance title in someone else's name, but the money will not legally be yours. The money will belong to the person who has the title.
You get a new title from the DMV. (Division of Motor Vehicles)
You cant your screwed!
1. to avoid the hassles(possible lawsuits) next time, BETTER paperwork on your part. Contract, payment record, security lien on the car.IF the title is in your name, you are merely taking possession of your car. How will you explain why you did it when the debtor reports it stolen? He said/you said???If the title is still in your name, you actually have more leverage. The car is still legally yours. If you have any questions feel free to email me, I own my own repossession company.
You cannot add a name to a title that is not paid off yet without renegotiating the contract. You can transfer a title after it is paid off.
A title is a document that proves ownership of the vehicle. A vehicle cannot be legally registered and licensed. When you purchase a vehicle you receive the title from the seller. You take the title to the DMV, fill out the paperwork and you will receive a new title in your name and the name of any lien holders.
It depends if they pay for the expenses such as insurance, gas, repairs etc.
No you can't. It doesn't belong to you. Even if you made all the payments on the car, it is not "legally" yours until or unless the title is in your name. But all you have to do is have the one who's name is on the title sign the back of it, relinguishing ownership of the vehicle. Then take it to the DMV and have the title switched over to your name.
you don't to be on the safe side. legally you are not buying it actual