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If two people buy a tractor and have retail purchase order but only person gets the loan in there name you owns the tractor?
Wiki User
∙ 15y ago
The person on the loan is responsible for paying it back. Therefore, the person on the loan owns the tractor. If you are a co-signer you are also co-owner. Unless you have some other type of document stating you have contributed the down payment or loaned the person money for the tractor, you have no rights to the tractor.
Wiki User
∙ 15y ago
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