No, a cosigner does not have any legal rights to the vehicle, but does have the legal obligation to repay the debt if the primary borrower defaults on the contract. An exception could be if the cosigner is also named on the title to the vehicle, and if so, how the title is worded.
That depends on the lending institution, but most lenders will accept an out of state cosigner as long as the person qualifies.
In the State where the child resides.
An auto cosigner, in the state of Indiana, has to meet all of the requirements of the contract. In most cases the cosigner has the same obligations as the primary signer.
yes
state-chartered
Not in my state.
U.S.Mail or Fax and a Notary Public is all you need.
Sadly, no. Cosigning essentially affords no rights, only obligations.
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.
No, only the state in which you are "domiciled." A "domicile" is the place where a person 1) physically resides and 2) where he/she intends to remain indefinitely as and for his/her home. A person may have more than one "residence" (and thus legally reside there) but a person has only one domicile.
In the city of Dharamshala, in the state of Himachal Pradesh
You should take the policy out in the state the vehicle 'resides' in.