Can one person sell a car with two names on the title? With more and more individuals sharing car ownership, this subject is often asked. Yet the solution is rather clear-cut and easy!
Said the answer is “yes.” One individual may sell a vehicle with two names on the title. Before selling the car, nevertheless, that person must confirm they have the other person’s consent.
Why do you need my consent? Both persons have an equal say in what happens to the car moving forward since they are co-owners of it.
Why Would a Car Title Have Two Names?
When two names appear on a car’s title, it only denotes that the two people are co-owners of the vehicle. They are still co-owners even if one person may utilize it more often than the other. As a result, if the decision is made to sell the vehicle, the co-owners will need to reach a consensus on the vehicle’s future jointly.
When a couple gets married, when family members get together, or when a parent and a kid are learning to drive for the first time, two names are most often seen on a vehicle title. Having a vehicle registered under two names has several advantages, not the least of which is the monthly insurance cost reduction.
Can One of Two Owners Sell a Vehicle If There Are Two Owners?
If both parties are included on the title, as we just indicated, they must both consent to the sale of the vehicle. That sounds like plain logic.
But, under some conditions, only one individual could sell it. The following list of causes will explain some of them.
You will have the choice of two important connecting terms and or when the time comes to have two names on the title of a car. Hence, John and Mary may be included on the title of the automobile, or just John or Mary, which would drastically alter each person’s rights to that car.
If you use the word or, then either person may sell the car if they desire, and they will not need to consult the other party while making that choice. Naturally, they will still require authorization, but as we have already indicated, that makes sense.
If you pick the term, however, both parties will need to be present while choosing the car, and the choice must be made jointly rather than by one party acting on behalf of the other.
If just one individual is interested in selling the car, you must ensure that this term is, or rather than and. This may seem difficult, but it can be done with little difficulty.
What is the Best Way to Sell a Car With Two Names on the Title?
If you are eager to sell your car and it has two names on the title, we are here to help you in doing it as fast and simply as possible.
First, you should consider the clauses and connectives we covered previously. If the connective is and, then both people must be present to sell the car; however, if it is, then either person may be present.
No matter what stipulation or provision is on your car title, you still need the other party’s consent. Getting permission from the other party to sell your car is crucial, but someone else is listed on the title.
If you sell the car without alerting the other individual, it may even be against the law if you do not have their consent. Therefore it is preferable to ask rather than risk getting in trouble simply!
Can I take someone else off the car title?
Removing a co-owner from your car’s title could seem like a pain, but if you are interested, research the process in your state. The following stages are typical in most states, nevertheless.
When removing a co-owner from your car, you need to obtain the necessary paperwork ready to go. Examples of these documents include identification cards, insurance papers, and so on. If you have them all prepared, it will save you a lot of time.
The co-owner you want to oust must complete paperwork transferring complete ownership to you. Depending on the clauses & connectives we discussed previously, you may need to complete this.
Therefore, you will next want to call the DMV to find out how to transfer the car’s title most efficiently. It is worth checking this out since some businesses may prefer you come into their office, while others are delighted to mail everything to you.
After completing all of this, remember to update your insurance details and coverage. You must ensure that the insurance for that car is the same as your title now clearly only has one name on it. This is likely one of the most crucial phases, so do it completely!
Of course, there are times when we lose loved ones who could also have been co-owners of the car. You may remove this person from the car title by presenting a death certificate. Ensure the car is registered in your name if you want to sell it.
Conclusion
So, there are a few things you will want to verify if a car title has two names on it and you are anxious to sell it. To determine what pertains to you and your title insurance, you need to review the title’s provisions first.
It is important to ensure that the other party is fully informed, understands the situation, and agrees to the sale of the car if you want to do so.
