I gave him the signed title in March and told him he could have the car if he took it out of my name. He didn’t, so I updated the bill of sale and told him that he had thirty days to get it out of my name or I will repossess it. Thirty days is up and the car is still in my name. If my name on the title, I want it in my posession if I am liable. He has a DUI and I am fearfull that any future legal action will appear in my name since I am the registered owner. I told him that I would give him the key when he showed me the new title. I have even been carrying insurance on the car. I have really been trying to be more than fair! I have given him so much time to take care of the matter. Can I get a new title and reposses the car? Is the sale really complete if not carried out with a transferr of title! We both have a bill of sale. I can’t find anything for the state of NM on this kind of situatuon. Just that I am able to get a new title. I don’t want to sign a release if I can get my car.
3 Responses
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ne11 Says:
Why would you do this? It opens you up to all sorts of liability if he is in an accident, you can be sued. You are still responsible for any outstanding loan payments and personal property taxes that are due on the car.
Call a lawyer tomorrow and ask the lawyer to write a letter to your ex to demand that your name be taken off of the title. Do you have any proof that your ex-boyfriend agreed to this.
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billy31tn Says:
If you signed the back of the title, that should release you from the car, at least thats my understanding. It may depend on your state laws, my advise is to call your local motor vehicles department, and see what options you have or if you are liable if he were to get into accident….
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absolute genious Says:
If that car is still registered to you, you should go steel it back and file for a lost title. Then lock it up in a storage building until the title and registation are out of your name
