If a person is given a car as a gift but it is still titled in giver's name who owns the car?
Full Question:
If a car is given as a "gift" and not titled in the receivers name and the donor wants the car back who owns the car?
01/31/2007 |
Category: Automobiles |
State: Tennessee |
#1306
Answer:
Ownership of a car is generally controlled by the title or document of ownership and possession. It appears you have possession and the donor may have the title. The answer to your question depends on various things, including was the gift in writing, who holds the title, was there a bill of sale and other matters. Regardless of whether you keep the car and make them take action or you give them the car and take action to enforce the gift, the expenses could be high.