Legal Question in Real Estate Law in Pennsylvania
Auto lease
When I originally leased the vehicle it was only in my name. Later I added my fiance's name as a co-leasee. If things in our relationship were to go awry, who technically owns the vehicle? Does he have any right to try and take it?
1 Answer from Attorneys
Re: Auto lease
You asked about ownership of a leased vehicle.
Technically the leasing company still owns the leased vehicle. A lessor merely enjoys custody of the vehicle which entitles them to all rights to use the vehicle in accordance with the lease. The co-lessor would also enjoy those rights.
You are fortunate that the vehicle is leased (though leasing is usually a bad choice for vehicles).
As you are the primary on the lease you can have a co-lessor added or taken off, unless the lessor objects and has authority to object. This is much easier than removing a person from a titled vehicle.
If either party defaults on the lease then both parties are on the hook for the full lease amount.
Until your (I'm guessing soon to be ex) boyfriend is removed from the lease he can "take it" without any repercussion.
Regards,
Roger
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