Can someone be on the title of a car but not the loan?

Can someone be on the title of a car but not the loan?

Can I add another person to my car title if they aren’t on the loan? An auto title indicates who legally owns a vehicle. Some lenders will allow loan holders to add another person to the title that isn’t a part of the original loan and some will not. Check with your lender for details.

Can you sell a car if you still owe money on it?

It is possible to sell a car even if you still owe money on the loan. This merely adds a step to the sales transaction: closing the loan with your lender.

What if I sell a car and the buyer does not transfer title?

If you sell the car and the buyer doesn’t transfer the title, you could end up with a host of legal problems. Any parking tickets or expired registration or expired tabs tickets will be sent to you. You can try to fight these tickets but there is no guarantee the fines will be dropped.

How do you fix a title that has been signed wrong?

Solution: If the wrong buyer signed your car title, correct the issue by going to the DMV. You may need to pay a nominal fee and some paperwork may be involved to replace your title with a new one.

What happens if you pay for a car in someone else’s name?

If you pay for a car for someone, decide right away if your name will be on the title. Having a car in someone else’s name means that they are listed on the title. The purpose of a title, whether for an automobile or other property like a home, is to show ownership.

What can I do if my name is not on the car title?

You cannot simply seize the car. If your name is not on the title for the vehicle, you may be able to convince the owner to transfer the title to you, depending on the circumstances. The person on the title does not have to agree to this, but short of suing, this is the only way to get the vehicle back.

Can a car title be transferred to someone else?

Transfer of Title. If your name is not on the title for the vehicle, you may be able to convince the owner to transfer the title to you, depending on the circumstances. The person on the title does not have to agree to this, but short of suing, this is the only way to get the vehicle back. Typically, to transfer the title,…

How can I get my car back from someone else?

The person on the title does not have to agree to this, but short of suing, this is the only way to get the vehicle back. Typically, to transfer the title, the person on the title must complete a transfer of title application and sign the title to show he’s authorized the transfer.