No, cosigners don't have to be on the title. The loan and the ownership of the vehicle are under two completely different agencies.
Only if the cosigner is also named on the vehicle title.
Yes..... I did
No, a cosigner does not have any legal rights to the vehicle, but does have the legal obligation to repay the debt if the primary borrower defaults on the contract. An exception could be if the cosigner is also named on the title to the vehicle, and if so, how the title is worded.
The co-signer will usually only have to sign if they are listed on the title as a co-owner.
In most states, yes, the lender is actually the 'owner' until the loan is paid off and can require that the cosigner be on the title.
It depends on the laws of the state where the vehicle is titled and the wording of the title itself.
No. Unless the cosigner is also a title holder they have no legal rights to the vehicle.
No, a cosigner has no legal rights to a vehicle unless his or her name appears on the vehicle title.
It depends on what the title says. The title can say "The owner of the vehicle is Name 1 or Name 2." If the title says this then the cosigner has limited rights to get the car. Whoever has the vehicle can sell the car without the cosigners signature. Now if the cosigner has the car, the cosigner can sell the car without the main owners signature. If the title states Name 1 and Name 2, then you have same rights as the main owner of the car. This means if Name 1 trys to sell it, they can't sell it without your signature.
Yes. I believe the loaner will contact you with a past due amount, or send you a bill. If this hasn't happened yet, contact the loaner and tell them you want possesion if the car is not being paid for by the buyer. * No. A cosigner has no legal right to a vehicle unless his or her name appears on the title. The cosigner will have to make the payments to keep the vehicle from being reposssesed or have the vehicle refinanced in his or her name with the primary borrower being released from the current agreement, this can only be done if the lender agrees.
A cosigner has no legal rights to a vehicle unless his or her name is on the title. If the cosigner's name appears on the vehicle title then he or she is also a co-owner of said vehicle and any dispute in possession and ownership may need to be decided through legal procedures.
No, a co-signer has no legal right to a vehicle unless they are on the title.