Whoever is listed on the Certificate of Title is the owner of the car.
Whoever is listed on the Certificate of Title is the owner of the car.
Whoever is listed on the Certificate of Title is the owner of the car.
Whoever is listed on the Certificate of Title is the owner of the car.
Whoever is listed on the Certificate of Title is the owner of the car.
IF your name is on the TITLE as buyer or cobuyer, you have the right to POSSESSION. Do you know where the car is? Do you have a key?
Daughter and husband are getting divorce and she is the co-buyer can she take it out of state
Yes
Well, it depends how the title was written. if it says buyer "or" cobuyer you dont need the other persons signature for anything .... if its written with "and" between your two names, u will have to have both people present to complete any removals or transfers. That or you can have the cobuyer sell u the car. They will still need to be present though.
Buy cobuyer I wonder if you mean cosigner on a loan. If this is the case then the answer is no. As a cosigner you are simply agreeing to pay the loan if the person who took it out does not. It is in his or her name and you are responsible for it if they do not pay it.
You don't. If the cobuyer has possession of the vehicle and is no longer making payments, you as the buyer may take possession and either take up and make current the payments, or voluntarily surrender the vehicle. Failure to do so will result in repossession, and will adversely affect your credit.
If the buyer does not pay the loan, then the lender comes after the co-signer. Late payments affect both credit reports. Most recommendations are not to co-sign a loan.
More than likely no. You have a bad situation. You made the payments but the other party actually owns the vehicle. In other words you may have just bought this person a car. You need to talk to a lawyer.
If two people are listed as owners on the Certificate of Title the survivor of them will be the sole owner of the car. As I understand your question: Jack wanted to buy a car but didn't have good enough credit. Harry had good credit and agreed to co-sign as the primary buyer although Jack would make the payments. The car and loan were titled in both names. If Jack died then Harry would be the sole owner of the car. He would need to continue making the payments or the lender could repossess the car.
A car buyer is actually the ones who will buy a car from a car seller.
I had a problem like this in Florida. the person-cobuyer took off with the car and didnt make the payments. There was not a thing I could do. The only thing you can do is try to get your hands on the car but you cannot cause a disturbance where the police are called. If you do get the car then he can do the same thing if he has a key. Maybe you can get the ignition switch changed if you get your hands on the car.
Cobuyer, cosigner, they are the same thing. Wherever you sign as co-signer you should be aware that if the primary borrower defaults on payments you will be held equally responsible for paying the loan.