Wiki User
∙ 9y agoNo. Not unless they are also listed on the title. A co-signer simply agrees with the bank to pay the loan if the primary borrower fails to pay. Co-signing doesn't grant any ownership interest in the property. If the co-signer pays for the vehicle they may be able to make a claim against the estate or sue to gain ownership of it.
Wiki User
∙ 9y agoNo. Unless the cosigner is also a title holder they have no legal rights to the vehicle.
The Cosigned assumes full responsibility of the loan.
It passes to the deceased's estate upon proof of death.
A cosigner is a person who signs with another person for a loan of some sort due to credit issues or financial reasons. A cosigner unfortunately does not have as many rights as the person who is first listed on a loan. For example, if you purchase a car and your boyfriend/girlfriend cosigns for you and you two break up, they cannot take the car away from you. However, if you are late on payments, the cosigner will then be responsible for the payments.
Life insurance is an insurance service that one can purchase, and will pay out a lump sum of money when the owner of the life insurance passes away. It can also be paid out, or bought out, before the owner passes away.
That will depend on what it is (big difference between giving away an apple and giving away a car), but if you have taken possession of it and disposed of it, you've asserted the rights of ownership. And if you're not the owner and have not been granted those rights by the owner, it's theft.
Jim Crowe.
Bill, ONLY if the co-signor is listed ON THE TITLE as CO-OWNER. Co-signors only responsibliity is to make the notes if the signor doesnt. Signor is just USING co-signors creditworthiness.
Considering they weren't married...I doubt she does, but possibly because of how long.
If you are the full and complete owner of the real property in question, and you have not previously signed away your mineral rights, no one can take them away from you - EXCEPT - by action of the government.
A co-signer is not an owner of the car. As such, the co-signer cannot take the car away from the borrower without the borrower's permission.
The surviving joint owner is the sole owner of the account and can maintain it or close it. That is the reason for having a joint account.