LEGALLY, you can't repossess anything from the owner. Once that person signed the title, its half theirs. you will have to take him/her to court with probable cause, or convince them to sign away ownership. Good luck
If there are no liens against your vehicle, there is nobody who has (or to have) ground to repossess it.
They don't require a court order to repossess a vehicle... the only way a court order would be required is if the court had ordered you to give up your vehicle as collateral if you found yourself on the losing end of a lawsuit or something to that effect. A vehicle which is paid off cannot be repossessed, because the lienholder - who is the lawful owner of that vehicle while they hold the title - is reclaiming their own property after a lessee fails to meet the conditions of their contract.
No. One joint tenant is free to sell their own interestin the property without permission from their counterpart. If they do the new half owner and the co-owner will become tenants in common.No. One joint tenant is free to sell their own interest in the property without permission from their counterpart. If they do the new half owner and the co-owner will become tenants in common.No. One joint tenant is free to sell their own interest in the property without permission from their counterpart. If they do the new half owner and the co-owner will become tenants in common.No. One joint tenant is free to sell their own interest in the property without permission from their counterpart. If they do the new half owner and the co-owner will become tenants in common.
Well, you own the vehicle subject to the lien. You cannot sell or refinance the vehicle until the lien holder is paid. If you don't pay the lien, the lien holder can repossess the vehicle. So you own it subject to your paying the loan.
No. Only the lender can "repossess" a vehicle. You need to keep making the payments to protect your own credit. It is likely you would need to bring a court action, prove you are making the payments and petition the court to order a transfer of title.
You have to provide proof that you don't have a vehicle or just give them the one you have.Another View: While you may be the "possesor" of the motor vehicle, if it has a lien against it you do not "own" in fact. Since you do not own it, you cannot dispose of it without the true owners (the creditor) permission. You are held responsible for having possession of the vehicle and knowledge of its whereabouts or the creditor has the option of filing a civil suit against you equal to the value of the unpaid loan, OR - reporting to law enforcement that have stolen the vehicle from its lawful owner and converted it to your own use.
What does the policy say? Are non-owner drivers covered? Hey,how come you get an auto insurance when you do not own a vehicle?Insurance of a vehicle is mandatory on the owner of that vehicle!Your question makes no sense.(sorry for saying this).
No, it will be on your record not the car.
You have to own a vehicle to insure it then you have to register it as the registered owner. So if you are borrowing a vehicle either the owner has to insure it or you have to buy it from them
Adam and Beth would be considered Joint Tenants
You can own a vehicle at any age, you can drive it on private property so long as you have the permission of the land owner.
Basically its a joint venture. Sigve Brekke and Sanjay Chandra own this company.