Legal Question in Real Estate Law in New York
Contract
what is the proper procedure in removing my name as a co signer for a purchase of a vechicle?
Asked on 2/09/09, 12:56 pm
2 Answers from Attorneys
Michael Markowitz
Michael A. Markowitz, PC
Re: Contract
You would have to receive a release from the entity or person that is selling the vehicle.
Mike.
Answered on 2/09/09, 1:14 pm
Sarah Klug
Law Office of Sarah Scova Klug PLLC
Re: Contract
I am assuming that you are referring to having your name removed as a co-signor of a loan. (I am also assuming that you have already co-signed and the loan has already been disbursed.) You would need to contact the lender to discuss your options. Is the principal signor able to take over the loan by himself?
Answered on 2/09/09, 1:28 pm