Yes. Vehicle registration simply documents who legally owns the vehicle. You don't actually have to have a drivers license to own it.
In a loan where the vehicle is the collateral, it is registered, but if you do not keep up with your payments, the bank stakes their claim and reposseses it, so in a way, the bank owns it, and it is a rent-to-own vehicle.
The person who's name appears on the title is the legal owner of the vehicle.
If the car is in your name, you have all of the rights. If things were to fall through between the two of you, unless you and he have a signed agreement that you'll pay him back, you dont' have to pay him anything. Of course, that would be horrible to do, and he could take you to small claims court to get his money back. * Verbal agreements are legally binding. Only the person who holds title to a vehicle owns the vehicle. It is irrelevant who the vehicle is registered to. If the person has the title he or she can legally repossess the vehicle at any time and sue the borrower for any applicable costs connected to the repossession.
If there is a co-signer on a loan for a car, the person who is making the regular payments is usually the owner of the car. Unless, the car is registered to the co-signer, the person making the payments owns the vehicle.
well technically the one that owns the car is the person who buys it === ===
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.
who owns this vehicle owner of this vehicle
If the vehicle is actually registered in the name of the minor, the parents cannot sell the vehicle without the owner's consent. However, in most places it is illegal to register and title a vehicle solely in the name of a child, and the vehicle would therefore legally be the property of the parents. Additionally, regardless of how the vehicle is titled, the parents have full authority to restrict the child's privileges to use the car, regardless of who owns it.
The insurance should be under the name of the person to whom the car is titled and registered. Also, if the person who legally owns the car is not the person who will be the main driver of the car, the person who will be the driver on the car should be added to the policy.
Who owns the car, the co or the person?
who owns the vehicle with VIN number F10ant43132
Well not the dead guy.
The person with their name on the title legally owns the car. Bottom line.
Are you talking about insuring a vehicle twice at the same time. This is illegal. Why would you want to pay insurance twice on the same vehicle anyway. If there was a claim and you had two policies on it they would probably split the damages. You cannot legally make a profit on insurance. Also, only the person who legally owns the car can insure it. The only exception is a legally married couple.
The owner(s) is the person whose name(s) is on the title.
A shareholder is a person who legally owns a share from a company, through the act of buying it. Someone who owns a share or many shares of stock of a corporation
No if you have signed the contract/order it is no longer your vehicle so you are not allowed unless the person who now owns the vehicle lets you
Who owns the vehicle registration DK62 ULV
Whoever owns the title to the vehicle is who owns it.
In the UK the "DVLA" means Driver and Vehicle Licensing Agency. The DVLA database is therefore a record of all the driving licence information and the vehicles registered in Britain. It can be used by the police (and to some extent insurance companies) to check that a person is allowed to drive on British roads, if the vehicle being driven is taxed and insured and who actually owns a vehicle.
It basically means if you own the car you have to register or license the car to legally drive it in your state. They need to know who legally owns the car. You will get the new plates if it was bought from out of state and if there is an accident or the car is stolen the state will know who the registered owner is.
Both of you. The payer may have greater rights to the vehicle, but both of you legally own it.