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Car Issue

eleos1954

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Either party can buy out the other and take full possession of the car.
It depends on how the title reads .... if it says John Doe AND Jane Doe ... then it takes two signatures to sell or convey title to the other.

If it says John Doe OR Jane Doe .... then only one signature is required and either one can sell or convey the title.
 
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d taylor

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It depends on how the title reads .... if it says John Doe AND Jane Doe ... then it takes two signatures to sell or convey title to the other.

If it says John Doe OR Jane Doe .... then only one signature is required and either one can sell or convey the title.
Whether it is one or two signatures required, really does not matter still one of the two can buy out the car from the other one. If one agrees to seel their part and the other wants to buy and take full possession of the car.
 
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eleos1954

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Whether it is one or two signatures required, really does not matter still one of the two can buy out the car from the other one. If one agrees to seel their part and the other wants to buy and take full possession of the car.
Yes .... if they agree ... however they must both sign the title (if AND is on the title) .... if the car is owned outright it isn't a difficult process (just both of you go to the DMV-they will provide the necessary paperwork to get it accomplished) .... if there is a loan attached then it will present a problem with the loan company .... That is ... if both names are on the loan.
 
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d taylor

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So, let's say both names are on the loan & title. One wants to sell, one does not. But one party is financially irresponsible. What does it take to get the matter resolved?
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You may have to take the person to court.
 
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