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What else can I help you with?
Can another person and their vehicle be covered on your auto insurance?
You are required to have an "insurable interest" in order to legally effect coverage. If you have no insurable interest then it would be unlawful to insure someone else or their property. When it comes to property insurance a simple layman's test would be to ask yourself this question. (If the car is wrecked? what are the consequences for me?) If your answer is none. Then you have no insurable interest in that vehicle.
What are your rights to property in your vehicle once it is repossessed in NJ?
You rights are to GET IT BACK, PP is not subject to the security interest on the car.
Can the joint property holder transfer the property?
Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.Generally, they can transfer their own interest in the property but not the interest of the other co-owner.
I hold the security interest on a vehicle. How can I repossess this vehicle?
YOU NEED TO DEFINE YOUR SECURITY INTEREST, MEANING THE COLLATERAL IS OR WAS A PART OF COMMUNITY PROPERTY. IS YOUR NAME LISTED ON THE TITLE ALONG WITH ANOTHER PERSON OR ARE YOU LISTED AS A SECURE LIEM HOLDER?
Can a co-signer be removed from a title?
No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.No. Not unless they transfer their interest in the property voluntarily.
In a car repossession can they swear a warrant out for a class 6 felony for failure to return a motor vehicle subject to a property interest?
yes
Can a lien be placed on a house from a bank debt from a tenant?
No. A tenant has no ownership interest in the property and so the property is not available to their creditors.No. A tenant has no ownership interest in the property and so the property is not available to their creditors.No. A tenant has no ownership interest in the property and so the property is not available to their creditors.No. A tenant has no ownership interest in the property and so the property is not available to their creditors.
Why do people do a quitclaim deed on their properties?
In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.In order to transfer their interest in the property to a new owner.
Can my tax lien be placed on my mother's property if I have no ownership and haven't lived there for 10 years?
No, unless your mother has died and you have an interest in her property by inheritance.No, unless your mother has died and you have an interest in her property by inheritance.No, unless your mother has died and you have an interest in her property by inheritance.No, unless your mother has died and you have an interest in her property by inheritance.
Will you ever own a interest only property?
Interest only property loans are a type of loan in which includesan option to make a payment on the interest. I would not ever own an interest only property because I do not plan on buying a house.
Can a bank take property they have no interest in?
Yes, a bank can take property that they have no interest in. This usually happens when a person has not paid their loan, and now has no right to the property.
What kind of trust can a property go to if it has a reverse mortgage?
You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.You cannot transfer your property to a trust if it is subject to a reverse mortgage. You have already assigned your interest in the property to the lender.
