Can There Be 2 Registered Owners Of A Car

If I Purchase a Auto, Can I Put Ii Names on the Title?

by Mark Kennan

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A car title serves equally a tape of a vehicle'due south legal owner. If your name isn't on the title, you don't accept the legal rights to register or sell the auto. States let you to put multiple names on the title if there's more than one possessor. If you're buying a car with someone else, it's important that the title includes the names of all the owners and the way they're listed tin can make a difference depending on where you live.

Types of Multiple Owners

If there's more than 1 name on the title, the order in which you list the names can make a large deviation later on on. For example, if you use the word "or" betwixt the names on a California title you're creating a joint tenancy between owners. This means either tin deed for the car and, if one owner dies, the other becomes the sole owner. However, if you use the word "and" between the names in Virginia, there'due south no right of survivorship and each possessor tin can leave their share of the machine to whoever they desire if they die. If you're unsure, talk to an chaser in your state or the motor vehicle department to make sure the names on the championship accurately represent the proper status.

References

Writer Bio

Mark Kennan is a writer based in the Kansas City area, specializing in personal finance and business topics. He has been writing since 2009 and has been published past "Quicken," "TurboTax," and "The Motley Fool."

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Can There Be 2 Registered Owners Of A Car,

Source: https://itstillruns.com/purchased-put-two-names-title-8624843.html

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