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What else can I help you with?
If you have the car title do you own the car?
Not unless your name is on the title. Possession of the title does not mean you own the vehicle.
In Texas can your vehicle be repossessed if you have the clear title in your name?
== Repo'd by whom?== If you own the car outright, who can repo it? No one's got a lien on it, right? Nobody's gonna hook your car. Not legally anyhow.
Can you sell a vehicle with a lien on the title?
Legally No. How can you sell something you do not own. As long as there is a lien, you do not own the vehicle outright. Go see the lender and get a lien release, if you no longer have a loan on the vehicle. Remember the lender is part owner of the vehicle until you make that last payment. If you clear the lien buy using the proceeds from the sale, you can guarantee a title within 30 days (required by law) to the new buyer. The lien holder will then release the title.
Your son gave you a truck as a gift you are on the title vehicle is insured and registered in your name He is in default on his loan Can the bank repossess your vehicle?
If there is a loan against the car then the bank is on the title and they own the car, your name would be on the registration but not on the title, so yes they can repo it. If you have the actual title in hand then their is no loan on it and you own the car.
What is the definition of own outright?
To own something outright, or "free and clear," is to own it without any liens or other debts attached to it, like owning a car or a house for which the loan has been paid off - to have "clear title."
When do you get a title?
When you own it
Do you need title for car to get tags?
No. Everyone that need tags for a vehicle do not own the car. You only get the title if you own the vehicle. You will, however, need your registration.
How old do you have to be in the state of Alabama to register for a title on a vehicle in your own name?
19 years old in the state of Alabama
When someone assumes your finance payments are you no longer responsible for the vehicle?
IF you transfer the title and loan out of your name you are not responsible. IF NOT, and they don't make the payments, or have insurance on it, YOU are responsible for all aspects of the vehicle as you still OWN it. the name on the title & loan is the responsible party.
Can a 16 year old transfer their vehicle title to their parents name?
In most cases a 16 year old cannot own their own car because they will be seen as still a minor and much be listed under their parent's names to begin with on the vehicle title.
Can a title loan company put a boot on your car if you do not own the the car in AZ?
In Arizona, a title loan company can only place a boot on a vehicle if they hold the title to that vehicle as collateral for the loan. If you do not own the car or the title is not in your name, the company does not have the legal right to impose a boot on it. However, if someone else is the owner but has used the vehicle as collateral for a loan, the title loan company may have rights related to that vehicle. Always consult legal advice for specific situations.
Can you go to the department of liscencing to get a vehicle title?
You can go to the DMV to receive a new Title, but you must own the vehicle or whatever the title goes to first.
