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You loaned a friend money and he signed a car title over to you until he could pay you back. He died and his signature was not notarized on the title. What are your options in Ohio?
Wiki User
∙ 14y ago
The Certificate of Title did not transfer the car to you because it was not notarized. Make a copy and keep the original in a safe place for now. (Eventually you will need to contact the RMV to see what you should do with the signed but un-notarized Certificate. The Certificate has been invalidated since it was not properly executed.)
The car is part of your friend's estate. His estate must be probated in order for his family to acquire the legal power to sign the car over to you. You should contact the family to see if they will sign the car over to you legally. If they're not warm to that idea then you will need to file a claim against the estate if one has been filed. If no estate is filed then you need to consult with an attorney who can review the situation and determine what your options are.
Wiki User
∙ 14y ago
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Who should be fined if loaned car to friend and friend loaned to third person who got a DUI and said he had permission to drive when friend was specifically told not to loan car?
the third personj
To whom I loaned money to. He signed upon his death the money would go into the acct that I had re-opened to help him out . There is no notary only his signature. Is my promissory note valid?
Your state laws will determine whether your promissory note is still valid, but you would have a much stronger case if it were notarized. With the borrower being dead, you will have to go after his estate. Since you loaned him money that he was unable to pay back while alive, I will guess that he did not leave much of an estate to pursue.
If you loaned your car to a friend and it got into an accident who gets the point on their license?
The person who was driving.
How do you sue someone that owes you money if they signed a notarized contract?
Go To Your County Attorney And Get A Packet To Fill A Small Claims Against Person. It Will Cost About $ 16.00. If You Win Your Case, You Can Charge Interest On Money Loaned. And Your Filing Fees Good Luck
What does a personal guarantee look like?
A personal guarantee is a signature promise that money loaned to a company will be repaid. The owners or partners of a corporation sign documents, and put there personal finances on the line, with the guarantee that all money loaned to the company will be paid back. If money is not repaid, lenders have the ability to request repayment from the individuals who guaranteed payment.
How many syllables in the word loaned?
The word loaned is one syllable.
If transaction has already occurred and someone is stating that the money loaned was a gift how do you prove that it was a loan only?
* Unless you have a contract of sorts stating this was a loan and a date, the amount of the loan and this person's signature along with your signature on it you can't prove this is a loan and not a gift as it would hearsay only. Without the contract, sorry but you are out the money.
What can my friend do when he gave rupees of 14 lakhs to his friend with an interest of three percent per month and now his friend is not giving the money?
If your friend did not have a signed contract with the person he loaned the money too then it is unfortunate, but he will lose the money. He could try and go to small debt court to see if he can get his money returned.
What is wrong with this sentence My friend lend me her plaid shirt yesterday?
The tense of the verb is wrong. Since you are talking about an event that occurred yesterday, the verb tense should be past tense. Corrected: "My friend lent me her plaid shirt yesterday" or "My friend loaned me her plaid shirt yesterday".
Does home owners insurance cover the theft of loaned items?
I loned my car once to a friend and while he was driving it, he wrecked into a pole. Since I had LOANED the car to him, the police said that they couldn't do anything about it. But it doesn't hurt to try to get the insurance to pay for the item. I hope ths adds some light on the subjct.
In CA how do you perfect a security interest in a mobile home to show you've loaned money to the owner and taken a security interest on the home?
By a written and notarized contract. Specifying the loan amount, the payment schedule, the penalty for default (late and/or missed payments) and the property specified to be used as secured collateral.
How can you legally retrieve a loaned car?
When u buy a loaned car, it means u are keeping that car as a security. So when u have completed all the Repayments, u can retrieve the loaned car.
