Legal its in his name, he can sell it and since his is only name on title its legal.
Married couples or people with joint interest in a vehicle should have both names put on title
The above is correct, but should say that there are TWO ways of placing two names on a title:
John or Susan Smith (allows EITHER party to sell the vehicle)
John and Susan Smith (requires both people to sign the title in order to sell the vehicle)
Yes a vehicle can be repossessed if the loan is not being paid on.
Most states have a procedure for a spouse or child to change the title of a deceased spouse or parent's motor vehicle to the survivor. This does not change the loan, however, if there is one on the vehicle. You may have to refinance.
Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.Only if their name is on the title or by a court decree after suing the primary for not paying the loan.
Can u get a title loan without a vehicle inspection
If there is a specific contractural agreement between seller and buyer and a lien has been officially filed against the title of the vehicle, then assuming the purchaser is in default of the loan - then yes.
Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.Just keep paying your car loan.
will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle will primary on a auto loan have right to the vehicle if cosigner has been paying loan for 15 months and has possession of vehicle
Yes, taking out an auto loan means that there is a lienholder on the title of the vehicle. Once the loan is paid off, the lienholder is removed and it is owned free and clear.
get a agent
If a cosigner's name is not on the title they have no legal claim to the vehicle. They can file a lawsuit against the primary borrower to recover money that they contributed towards the paying of the loan.
When a person co-signs a loan, they take on the obligation of the loan. The co-signer should also be on the title to the vehicle. If not, the co-signer could acquire title by filing a lawsuit against you for not paying and the court could transfer the title to the vehicle by a court order.
depending on the state you live in and there laws you most likely will be procescuted if you knowingly sold your vehicle without a clear title in your name.