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Can one person get a title loan on a car title with two names on it?
Wiki User
∙ 8y ago
Yes, joint ownership. It can read John Doe and Mary Doe, or it can read John Doe or Mary Doe. If it it titled "and", both parties share ownership jointly and both signatures are needed to transfer title. If it is titled "or", either party can transfer the title, without the other owners consent.
Wiki User
∙ 15y ago
Wiki User
∙ 16y agoyes it can. and in order to sell vehicle, both people with name on title will both have to sign in order to release vehicle.
Wiki User
∙ 14y agoNo, not for purposes of legalizing the car with the state or province you're living in.
Wiki User
∙ 8y agoNot without the other title holder's agreement.
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Can you get car title loan when two names on title?
yes
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.
If you have a cosigner for an auto loan do both names have to be on the car's title?
The lender will probably insist that all names on the title also be on the loan, but not the other way around.
If two names are on a title and two names are on the loan if you take the car can the other person on the title have you arrested?
No, if your name is one of the two on the title. That makes the car as much your property as it is theirs. If you intentionally deprive them of the use of the car by hiding or destroying it, then it becomes a civil matter - not criminal.
What happens to the car and title if primary person on car loan dies and the secondary person has survived?
The estate has to settle the title. The secondary person can be held responsible for the loan until it is resolved.
Does a person who shares the title on a car but who is not on the loan have any legal responsibilities if the car is repossessed?
NONE on the loan.
Can a car be repossessed if two names on title and one person took out loan?
Yes. How many names are on the title and/or the loan means absolutely nothing... so long as there is a lien on that vehicle, that lienholder is the sole lawful owner of that vehicle, and can repossess it as recourse for delinquent payments.
What does it mean if there's a lien on a car title?
A lien on a car title most typically means that money is still owed on the car. When a person takes out a loan on a car a lien is put on the title until the full repayment of the loan.
How do you have a person completely take over a car loan payment?
sign the title over to the person buying the car
What is a title loan?
A title loan is also known as car title loan. It is a type of secured loan where you can use your vehicle title as collateral to get the funds you need. When you borrow with your car title, you allow the lender to place a lien on the title of your car, SUV, RV, truck, or motorcycle in exchange for a loan amount. This loan don't rely on your credit score.
Can you get a auto loan but put the car in someone else name?
You can cosign but both names will be on title.
You are co buyer on a car loan with your mom you had a fight can she keep you from using the car?
Depends on wheter both your names are on the title or not.
