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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.
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∙ 13y ago
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Who owns your money in a bank account you or the bank?
The person whose name is on the account owns the money. The bank holds it for them.
How do you find out if a person owns a vehicle with their name?
Ask them.
Why would a bank sell someone's car?
Because the bank owns the car. The person that financed the car did not pay the bank.
Can a vehicle be insured by a personal policy if a company bought the vehicle for an individual?
Who owns the car, the co or the person?
Who legally owns a vehicle the person who paid for it or the person to whom it is registered?
Those person(s) whose names appear on the title of the vehicle are the legal owners.
If a vehicle title is in the name of 2 people and one person dies who owns the vehicle?
Well not the dead guy.
who owns the vehicle?
who owns the vehicle with VIN number F10ant43132
Is an auto insurance company responsible for the failure of safety feature malfunction in an accident of an auto they insure?
No. The maintenance of the vehicle is the responsibility of the owner. And, no, the bank is not responsible either because the bank only owns the loan, not the vehicle.
When two persons have and or on the names on the registration on a vehicle who owns the vehicle?
The owner(s) is the person whose name(s) is on the title.
Can i get my personal items from my vehicle if it has been reposed?
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
What bank now owns Wachovia?
Wells Fargo Bank owns it now.
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.
