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What if both names are on the title. can co signer take control of the car?
Wiki User
∙ 11y ago
if you are on a car title and co signed for that vehicle, and it reads " you or them " can you register the vehicle
Wiki User
∙ 11y ago
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If you and your co-signer are on the title do both people have to sign title over when selling that car?
Absolutely
Can a co-signer take the car away from the primary driver?
The automobile's title/registration determines the legal owner of the vehicle. Loan documents only concern the signer's legal responsibilities with the bank. If both names are on the title and you as primary are not paying on the loan then it is the responsibility of the co-signer to pay the loan. Since the the co-signer is still co-owner, and they are paying then the co-signer can take the car away. Remember this is affecting the co-signer's credit as well as your credit.
Ive lost contact with my father co-signer and need him off the title Is it possible to do so without him The loan has been paid in full but both our names are on the title.?
Talk to your bank! I had my dad as a co-signer on my truck. I traded it in for a newer one and when I did that I put the loan under just my name
Can you have a co-signer removed from a title after the car is repossessed?
AnswerIf the primary on the contract does not pay then the lienholder comes after the co-signer for the payment. The credit of both the primary and co-signer are going to show repossession. If the lender has kept the title in its files as part of the loan process and is listed as a primary lienholder, it can sell the vehicle after the repossession.
Does someone have to get a person's permission to taking a co-signer off of title on a car that has been paid off?
The co-signer's name is on the loan, not the title, and has nothing to do with selling the car, especially after the loan has been paid off. On the other hand, a CO-OWNER's name is on the title, and it depends on how the two names are listed. If the title is made out to A and B, both must sign when selling it, but if it says A or B, either may sell it without the other's approval or knowledge. There may be exceptions to this in some states if the two are a married couple.
Does buyer and cosigners names both appear on title?
no
Who is the owner on a car title when there are two names?
both
Does both names on auto title have to be on insurance for vehicle?
Yes
You own a vehicle with your husband do you both need to sign title to transfer vehicle to get another?
If your names BOTH appear on the title - yes - you will both have to sign.
Can a co-signer take your car away?
It depends on how the vehicle is titled. If both of your names are on the title she has an equal right to possession of the vehicle as you do. So technically she could take it. But then again you could take it back because you have the same right to the vehicle as she does. Now if its just her name on the title then she can take it without your consent and there's nothing you can do about it.
Do both person has to sign on a car title loan if both names are on the title?
Not in NY state. Others may be different. Check at your DMV.
How do you gain co-ownership of a car?
Both names should be on the title.
