If the cosigner wants ownership of the property they must arrange to be listed on the certificate of title. You need to check at your state DMV to determine the process in your state.
If the cosigner wants ownership of the property they must arrange to be listed on the certificate of title. You need to check at your state DMV to determine the process in your state.
If the cosigner wants ownership of the property they must arrange to be listed on the certificate of title. You need to check at your state DMV to determine the process in your state.
If the cosigner wants ownership of the property they must arrange to be listed on the certificate of title. You need to check at your state DMV to determine the process in your state.
You sign on the back of the title to transfer ownership.
If you want the title to be transferred the owner listed on the Certificate of Title is the only one who can sign it over. If they won't sign then you cannot take over ownership of the vehicle.If you want the title to be transferred the owner listed on the Certificate of Title is the only one who can sign it over. If they won't sign then you cannot take over ownership of the vehicle.If you want the title to be transferred the owner listed on the Certificate of Title is the only one who can sign it over. If they won't sign then you cannot take over ownership of the vehicle.If you want the title to be transferred the owner listed on the Certificate of Title is the only one who can sign it over. If they won't sign then you cannot take over ownership of the vehicle.
When you have been paid in full, and you have no liens on the title yourself (you have full title), then you can sign the back of your title. This gives title to the person you name on the back. When the person is paying you on time, then this is different--be sure to take the title down to DMV yourself with the buyer and change the title to his name BUT ALSO put a lien on the title. This means the person cannot sell or otherwise dispose of the car without paying you. Another benefit is that the car is no longer your responsibility to insure. Absolutely do not sign the title transferring ownership until you have cash in hand.
Yes, you typically need to sign your car title when you receive it to transfer ownership legally.
A seller typically signs on the back of the title in the designated "seller" or "transferor" section when transferring ownership of a vehicle.
If the car is paid in full and two names are on the title with an "or" (ie. Jane Doe or John Doe) then either of these people can get a new title without the other person's name on it. If the title uses "and" (Jane Doe AND John Doe) then one of the people would have to sign over ownership to the other.
Probably depends on your State of residence but in Iowa, no. How can someone who is not the owner of the vehicle assign ownership of it to anyone else? In Iowa you and your spouse would have to be listed on the title with the word "or" between your names in order for her to sign complete ownership rights over to another person. If the word "and" is present it would take both of your signatures.
Without the title you can't prove ownership. You can go to the department of Motor Vehicles and ask for a replacement title if it was registered in your name. If you never had a title for it you can have a title search done and contact the last know owner and request they sign over ownership. In many states it is illegal to sell something like this without a title.
Any title holder must relinquish ownership by signing the title release
Yes, if you co-sign for a car loan, your name will be on the title of the car along with the primary borrower's name. This means you will have legal ownership rights to the vehicle and share responsibility for the loan.
In Vermont, to sign over a car title, the seller must complete the "Assignment of Ownership" section on the back of the title. The seller should sign their name as it appears on the title and provide the buyer's information. Both parties should also print their names and the date of the sale. After signing, the seller should provide the title to the buyer, who will then take it to the DMV to register the vehicle.
In some states, the Seller of a can sign a special DMV form which transfers ownership where there is a lost title (Transfer of Ownership and Request for New Title). This document must be signed by the last owner of record and does NOT have to be notarized.