No. The state has you both on the car so you both have equal rights to it regardless of who signed it. Depends on how it is titled. If it is Joe AND Mary, they must both sign and the title loan company would not have given a loan without both signatures. If it is Joe OR Mary, either of them may sell (or lose) the car without the other's signature A contributing factor will also be if the vehicle is titled to a married couple and said couple live in a community property state.
Since the person you co-signed for has agreed that you take possession of the car, then all you need for them to be removed from the title is to change the way the vehicle is titled. This is done through your Motor Vehicle Administration office. If there are 2 names on the title and you want to make it only one (regardless of which one wants it), both parties must agree and both must sign the new papers at the title office. So if you cosigned on a car loan and you are looking to have the primary person's nam removed from the title because you are now making the payments, you are out of luck if the person refuses. That's the risk you take in cosignin. It is not somethin to be taken lightly as it is often irreversible.
My wife and l bought a condo and it is in both our names but the loan is only in my name We just bought a house but the mortgage loan is only on my name. The title and deed is is both our names.
It dekpends upon the laws of the state in which the married couple reside. In community property states all property acquired during marriage is considered jointly owned regardless of whether both or only one spouse's name is on the title or deed. If both spouse's are on the lending agreement it would be prudent for both to be listed on the title preferably with their names separated by "and" rather than "or".
You can cosign but both names will be on title.
I'm not sure if it varies from state to state, but we were able to do that. The mortgage is in my husband's name, yet both of our names appear on the deed.
Not in NY state. Others may be different. Check at your DMV.
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 "/."
The title would revert to the survivor; this person should probably take a death certificate and the old title with both names to the BMV and get a new title issued with just his/her name on it.
A title cannot be transferred without the proper paperwork being done and the person on the original title signing it over to the new owner. Therefore, if such a thing has happened, the person has committed several crimes, stealing by deceit, falsifying official documents and forgery, to name a few. No. Both people have legal right to the car if both names are on the original registration and paperwork.
You should check with your local DMV to be sure, but I think if both names are listed, then it requires both signagures for the transfer to be legal. Otherwise, the transfer is invalid.
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.
Since the person you co-signed for has agreed that you take possession of the car, then all you need for them to be removed from the title is to change the way the vehicle is titled. This is done through your Motor Vehicle Administration office. If there are 2 names on the title and you want to make it only one (regardless of which one wants it), both parties must agree and both must sign the new papers at the title office. So if you cosigned on a car loan and you are looking to have the primary person's nam removed from the title because you are now making the payments, you are out of luck if the person refuses. That's the risk you take in cosignin. It is not somethin to be taken lightly as it is often irreversible.
no
both
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.
She can only be taken off the title if SHE signs the title over to him. There is no other way. If both names are on the title, if name are separated by the word OR that means either can sign title and change the way the names read. If names are separated by the word AND then it requires both signatures to make any changes. If only in her name then she has to sign title. Also if there is a lien holder, there still making payments on it, then typically only the lien holder can authorize the name change on the title.
Yes