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What is the difference between a car's Legal Owner and Registered Owner?
Wiki User
∙ 12y ago
A registered owner is the person who has purchased or is purchasing the vehicle for their own use, while the legal owner would be a lien holder like a bank or other financial institution that actually owns the vehicle until it is paid off.
Wiki User
∙ 12y ago
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Registered owner and legal owner of a car?
Who is the legal owner or owners of a car if it is registered in one name but paid for jointly by 2 parties
Is it legal to have a vehicle registered and insured at your grandparents home address?
As long as it is where the registered owner of the vehicle legally resides it is legal.
What is the difference between legal and beneficial ownership?
Legal ownership refers to the individual or entity whose name is officially registered on legal documents as the owner of an asset. Beneficial ownership, on the other hand, refers to the individual or entity that enjoys the benefits of owning an asset, even if the legal ownership is held by another party. For example, in a trust, the legal owner is the trustee, while the beneficiary holds the beneficial ownership rights.
What is the difference between graffiti and urban art?
The difference between urban art and graffiti is that urban artists have permission from the owner of the object they are painting on this is legal. Graffiti is illegal because the person doing it does not have permission from the owner.
registered owner?
“registered owner
Someone sold your gun without your permission is this legal?
If you are the registered owner than that is called "Theft".
Do you have to be the registered owner of a car to get insurance on it?
Yes. Only a registered owner of a car can get the insurance. The insurance policy document and registration documents of a car both should be in a name of one person. The mismatching of documents leads to legal complications. So it is important to ensure that to get insurance, you have to be the registered owner of a car.
Can a trust be listed as the seller of real estate?
If a Trust is the registered owner, then it would also be the legal seller.
Definition of registered owners and legal owner on property?
Who is the owner of a registered property, the registrar or registrant? In other words, question is if an individual purchases a product and registers it with an entity, who has ultimate control of the product the individual or the entity?
Car is registered in one name anothrr person owns it?
The person who's name appears on the title is the legal owner of the vehicle.
If 2 people are on lease but it is regsitered in only one name who is the legal owner?
If you mean, "Who is the legal and responsible resident," the answer is - it is the one whose name in which it is registered.
Is it illegal to hide a truck from the repo man in Georgia?
Yes - the truck payments are not being made in accordance to a written, and signed by you, agreement, therefore the contract has been breached. Until the entire debt was ever paid, the truck still belonged to the finance company - you were only the registered owner, not the legal owner - there IS a difference ... a big difference.
