View Full Version : Co-signers on titles
mhusom
Oct 9, 2008, 05:09 AM
Can a co-signer still put their name on the title a month or so later even if the buyer is fine with it?
JudyKayTee
Oct 9, 2008, 05:44 AM
Can a co-signer still put their name on the title a month or so later even if the buyer is fine with it?
The title to what? A car - I would guess.
mhusom
Oct 9, 2008, 06:53 AM
Yes it's a car!
JudyKayTee
Oct 9, 2008, 07:25 AM
yes its a car!
If the finance company/bank has a lien you cannot change the title - in NYS at least. You cannot change ownership (which the title does) until the loan is paid.
I don't know if the finance/bank would rewrite the loan and add the new name - I suppose that's an option.
If the loan goes into default the bank wants to move against the debtor/owner - so you can't add another person.