Legal Question in Civil Litigation in Michigan
Cosigner Rights: Vehicle Title
My question involves personal property located in the State of: Michigan
Please help! I am preparing to purchase a vehicle this week. However, my cosigner does not want to be held liable in the event of any parking tickets being issued for the vehicle and not paid on time (eventhough both are unlikely situations).
Is it necessary for the cosigner on an auto loan to appear on the vehicle title? Is there anyway to get around it?
Asked on 4/28/08, 12:45 pm
1 Answer from Attorneys
William Stern
William Stern, P.C.
Re: Cosigner Rights: Vehicle Title
It is not necessary for a co-signer to be on the title but most lenders demand it. William S. Stern
Answered on 4/28/08, 1:10 pm