0
What else can I help you with?
If the primary borrower on a cosigned car lease dies. what happens to the car?
The person who's name is on the Title is the owner of the car.
Can a car be repossessed if the owner dies before the first payment is due?
The car can be repossessed. The estate is responsible to return the vehicle and resolve the lease or loan.
Can estate take car away from buyer if co-buyer dies?
No. Not if both names were on the Certificate of Title. The surviving co-owner would own the car.
Why notify dept of motor vehicles when someone dies?
Because the deceased is no longer the registered owner of the car. The car will be included in that persons 'estate' for purposes of executing the will or trust.
If a house and car are titled in both names and one spouse dies what does other spouse do to get car and house in her name?
If the real property is titled as joint tenants with the right of survivorship and one owner dies, their interest automatically passes to the survivor. All you need to do is to record a death certificate in the land records to show the other joint tenant is deceased. As for the car, you should call the Department of Motor Vehicles in your state to determine what their policy is when a joint owner dies.
If a car owner dies can family drive the vehicle as is or does tags need to be switched?
Yes the tag and papers will have to be changed in the new owners name.
When you have joint ownership of a car title and one person dies does the survivor title owner get 100 percent ownership?
Yes, in most cases, when there is joint ownership of a car title and one owner dies, the surviving owner typically receives 100 percent ownership of the vehicle. This is often governed by the principle of "right of survivorship," which allows the surviving owner to automatically inherit the deceased owner's share. However, specific laws can vary by state, so it's advisable to check local regulations or consult a legal expert for guidance.
When a car owner dies does the auto insurance remain in effect until the expiration date and will it cover co-owners who drive the car?
You should speak with your insurance - things will be switched over.
What happens if you bought a buy here pay here car and the car lot owner dies before you finish paying him off?
then i think you start paying off either his family or his estate.
If the co-signer on a repo'ed car dies who is responsible for paying the credit company the deceased's estate or the original owner?
EITHER/OR. they both signed and agreed to pay.
Can you return auto if titled owner dies?
There are a number of ways of resolving it. Any loan against the car has to be resolved. If it was a lease, it could be returned to the title holder.
owner of this car?
owner of this car vin 2g1wf52e829381693
