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In such a case, while a defendant, as the car's original owner, could possibly "avoid liability by transferring all incidents of ownership of a vehicle to a family business, the defendant will remain liable under the family purpose doctrine where, at the time of the accident in which the plaintiff is injured, the defendant retains some degree ...
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In-state vehicle sales are recorded at the back of the title as long as there are unused reassignment boxes. If a vehicle is sold out-of-state, the new owner must apply for a new title at their local DMV office. [14] In Spain a second-hand vehicle ownership transfer is done at the DGT office or Tráfico as it's known locally. Transfer tax must ...
The original "pink slip" (or a replacement issued by the DMV, if the original is lost) is needed to transfer ownership of the vehicle, like during a sale. [10] The color pink was chosen to draw car owners' attention to it, to help prevent the document from being discarded with other non-essential paperwork. [10]
Closing a car insurance policy for someone other than a spouse. Canceling a car insurance policy for a policyholder that you are not related to can be more challenging. However, if you are the ...
But you should know that firearm ownership may be subject to state and federal laws. For this reason, you may want to work with an attorney to set up a gun trust for the transfer of such assets.
In tenancy by the entirety, each owner of the property has an undivided interest in it along with full and complete ownership. Each spouse has the full right to occupy and use all of the property. It is only available to married couples. A spouse cannot transfer their interest in the property without the consent of the other spouse.
Dear Penny, I’ve recently purchased a house; it’s only in my name and really my only asset. I have three grown children; two who live with me and pay rent and one who’s married and owns her ...