if spousal transfer of vehicle takes place, and plates are transfered with the car, in case of accident are they both responsible or how far one's responsibility goes in legal terms? thx-
2006-10-24 16:39:36 · 5 answers · asked by Anonymous in Cars & Transportation ➔ Insurance & Registration
Once the transfer paperwork is complete, the former registered owner has no liability or responsiblity to the vehicle unless it is financed. Then, the finance company may elect to make that person pay in the event of default since joint credit has nothing to do with ownership papers. Make sure the person releasing interest in the vehicle completes a Release of Liability form and mails it to the DMV
2006-10-24 17:37:37 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I think you had a little problem with asking that question. There is not enough information. The plates have nothing to do with it. It is the ownership and Registration slip that places responsibility for any damages. Cars need to have Liability Insurance anyway.
2006-10-24 23:47:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
It doesn't matter if the car is your or the others....in a community property state your considered both owners...and besides if someone is going to sue you're going to be both suffering from it.
2006-10-24 23:47:56 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You left out the sate you live in,, It varies from state to state!
2006-10-24 23:47:24 · answer #4 · answered by kitkatish1962 5 · 0⤊ 0⤋
get a lawyer
2006-10-24 23:46:53 · answer #5 · answered by Mopar Muscle Gal 7 · 0⤊ 0⤋