In most states it depends upon the way the title is worded and in some cases the laws concerning marital property. If the names are separated by the word "and" all parties must agree to the sale of the vehicle. If the names are separated by the word "or" either party can sell the vehicle without the consent of the other. Taking such action would not necessarily make the "seller/owner" immune to being liable for damages to the other party.
When a CA title has 2 names on it the way the names are recorded will decide who can sell the vehicle. If the names on the title read "person 1 / person 2" then both parties would have to sign off title to sell vehicle but when the title reads "person 1 or person 2 then only one of the two people have to sign the title in order to sell the vehicle. So basically if the names are recorded with a / (meaning end) between the names then both parties must sell but if the names are recorded with an OR between them then only one person has to sign off title for sale. Other states may be different, so check with your DMV to be sure. In some, "or" is used instead of "/."
If your names BOTH appear on the title - yes - you will both have to sign.
Names on title appear as either (and) (or) if the title is and then both signatures are required. if it is or then only one signature is required to modify ownership of title.
Yes
It depends on who's name was placed on the title. If both names were were placed on the title with an "and" between them, then the car is owned jointly. If on "or" was used then the whoever has the title could sell it. If just one name was placed on the title then that person owns the vehicle. It depends on who's name was placed on the title. If both names were were placed on the title with an "and" between them, then the car is owned jointly. If on "or" was used then the whoever has the title could sell it. If just one name was placed on the title then that person owns the vehicle.
if you are on a car title and co signed for that vehicle, and it reads " you or them " can you register the vehicle
no
If there is no specific designation on the vehicle title the default laws of the state in which the vehicle is titled will apply.
You could sell the car and liquidate the vehicle. Or transfer title through the local county courthouse to just one of you, but remember that currently both of you are financially responsible for vehicle and the monthly payment is reflected on both of your credit reports-(ie) wether payment made on time or not. It matters not whose name comes first on the title, but how the title is worded. If the names are separated by "and" each person owns the vehicle equally and an equitable arrangement will need to be made, or petition filed with the court for partitioning of said property. If the names are separated by "or" each person owns the entire vehicle and the person who has possession can take the action they so choose. A lending agreement that is joint is owed by both, if only one person is on the loan, but both are on the title the issue of ownership will more than likely have to be decided in a civil or small claims court.
Not in NY state. Others may be different. Check at your DMV.
If there are two individuals listed on the title of a vehicle as primary and joint, they are both responsible for the payment of the loan. If the primary defaults on the payment, the joint owner is responsible for payment. If both parties default, the vehicle can be repossessed.
No, both names hold equal value. If the title says name one OR name two then either one can dispose of the vehicle. If it says AND or just lists the two names, both must sign.