Legal Question in Civil Litigation in California
auto registration
I bought a truck in my name. I do not drive
it, my son does.He is paying payments to me.
Since I am listed as owner, am I liable for
any accident that he might have? How can I
put him on the registration and still have
the power to take it back if he doesn't keep
up the payments. any suggestions? thanks p.s. I didn't know what catagory this would be under.
Asked on 8/18/99, 6:29 pm
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: auto registration
you need to make your son the registered owner and list yourself as the lien holder just as the bank does when you buy a new car. If you are listed as owner then you are responsible but only for 15/30. as long as the son carries minimum liability, you are safe.
Answered on 8/20/99, 4:25 am