0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Who owns the car the buyer or co-buyer?
Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.Whoever is listed on the Certificate of Title is the owner of the car.
When you sell a vehicle that you have clear title on and the buyer plans on financing who do you name as the vehicle owner on the title?
The buyer.
Is there a way to get your title if you still owe on the vehicle?
The buyer/borrower should have a copy of the title, as it is needed to register the vehicle. The title will have the name of the buyer and the name of the company holding the lien on the vehicle.
Does the primary have more legal rights to the vehicle than the Co signer?
Whoever is named on the Certificate of Title has rights in the vehicle.Whoever is named on the Certificate of Title has rights in the vehicle.Whoever is named on the Certificate of Title has rights in the vehicle.Whoever is named on the Certificate of Title has rights in the vehicle.
Can you title a vehicle with a certificate of destruction?
No.
How can you get a title registered for a vehicle with a Fl certificate of destruction title?
You cannnot.
Vehicle Bill of Sale?
Get StartedThe Vehicle Bill of Sale is a document under which one or more sellers transfer title rights in a vehicle to one or more buyers. This document only represents the transfer of the RIGHT to ownership; the vehicle's certificate of title represents ACTUAL ownership. Thus, this document and the certificate of title are needed to complete the transfer of the vehicle.The Vehicle Bill of Sale should be signed by the seller(s), and becomes effective as of the date provided in the text of the document. The buyer(s) should sign the Vehicle Bill of Sale immediately below the odometer statement in the document. The buyer(s) should also make sure to obtain appropriate insurance coverage for the vehicle.
Is it the dealers responsibility to disclose to the buyer that a vehicle was purchased from a salvage yard?
DEPENDING ON WHAT KIND OF TITLE THE VEHICLE HAS IF IT HAS A CLEAR TITLE THEN NO IF IT HAS A SALVAGE TITLE THEN YES
What rights does a co buyer have to a vehicle?
The co-buyer of a vehicle has equal rights to the vehicle if there name is on the title. The co-buyers rights can be defined by a written or verbal contract.
Can a buyer transfer the car and all interest to the co-buyer when there is no lien holder?
Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.Yes. They would sign the certificate of title over to the co-owner and a new certificate would be issued by the DMV.
How many names can be on a vehicle title?
Two. The primary and the co buyer.
When you sell a vehicle to a private party and they sign the title are you responsible for the vehicle yet?
It depends. If you have sold the vehicle to the "Buyer" and you have a security interest or "Lien" against it, then yes. The "Buyer" is responsible. If they decide not to pay, then you will have to take them to court to remove their name from the title.
