The title covers ownership of the car. If your name is on the title, then normally you would be considered the owner. If a banks name is on the title, then the bank owns the car.
Ownership means the car and all the stuff attached to it. It does not mean you own someone else's property just because they left their property in your car.
Sure you can part it out. I have no clue what you mean by sell the Vin and title. You can sell what is left of the car to a salvage yard, but the VIN # & Title stays with the car.
yes because if you have insurance on your car as long as you name is on the title and you were in the car with your friend most likely the insurance will cover it
No. Each car has its own separate title so you can't transfer it to a different car. You can, however, transfer title of a car from one person to another. That is part of transferring ownership of the car.
Try Title, or Cover maybe that will help :)
The car goes into the estate. The estate may sell the car to cover debt and costs. They may also transfer title to the appropriate party.
Yes, if the promise of collateral can be documented. For example, if the lender has obtained a signed title as a "pledge", then the new title can be recorded when the payment agreement is breached, and the car sold to cover the remaining payments.
Yes, and you will have to use the proceeds to pay off the loan. If you can't sell the car for enough to cover the loan, however, you will not get a title. No one should accept a car without a title.
You can add him but he will become part owner and a new title will be issued to that effect.
yes you have to have a title for a car
yes its does sometime. depending how you deal with the dealer. ask them to not charge you fee on tag, and title
Sign off on your part as the seller on the title itself just like you were selling it to anyone else.
You can only transfer a car title with a lien if the leinholder agrees to the transfer. The usual way is to pay off the loan as part of the purchase or transfer transaction, using part of the sales price for that and thus removing the lien.