Can you sell a car if there are two names on the title?
When the names are separated by OR on the title, it means each person is authorized to sell the car independently. If the two names are separated by AND on the title, that means all the owners must authorize the sale. In that case, you need to get him to sign.
Can you sell a car with only one signature?
Yes. If there are 2 owners listed on the front of a title, the majority of the time, both people will need to sign as the seller. If there is an ‘or’ in between the names, typically only 1 signature is required.
Does a cosigner have to be on the title of a car?
Cosigners aren’t on the vehicle’s title, even if they’re on the loan documents. You don’t own and aren’t entitled to ownership of the financed vehicle; you’ve simply guaranteed the loan in which the car serves to “secure” the loan.
Do you have to sign the title when you sell a car?
To buy or sell a car, the name on the title must be changed or transferred from the previous owner to the new owner. When transferring a title in a private sale, the seller will release ownership of the vehicle by signing the title. The buyer then takes the signed title to the DMV and registers the vehicle under their name.
Can you sell a car with two names?
The law does not require that, and as an additional note, I have had a title owned in such a way, and I had no problem whatsoever in titling the vehicle over to a reputable and national car chain without the second person there. If the title clearly states “or,” either owner may unilaterally sell the car.
Can you sell a car without a co-owner?
Buying a car with a spouse or partner is a big responsibility, and you document your ownership of the vehicle by signing the title. Your ability to sell the car without the co-owner on the title depends entirely on how the car title is signed. All car titles must be signed by the owners listed on the title in order to be registered with the state.
Can a car be sold with only one signature?
The car cannot be sold with only one signature, both people must sign to release ownership. I am a Co-owner of a car in Georgia, the other owner’s name on the titles is above mine; can I sell, refinance or remove their name from the title? This depends specifically on the way it is joint titled.