My partner has paid for both cars. The first car, I had to take the car loan out in my name and he paid most of the repayments. The second car is also in my name although he paid cash for it. Whose car is it legally?
QLD Car Loan - Who Legally Owns The Cars?
- Thread starter Kitty Hill
- Start date
There's a good chance he is for the second car, and you'd both be co-owners of the first car as you both paid some money.
Under the QLD Transport Operations (Road Use Management—Vehicle Registration) Regulation 2010 I suspect you will just be considered the registered operator.
However, while he has paid for the cars, was there ever any agreement between the two of you regards 'legal ownership'? And if your partner is your husband/defacto, in a split up, the cars are part of a joint asset pool.
Under the QLD Transport Operations (Road Use Management—Vehicle Registration) Regulation 2010 I suspect you will just be considered the registered operator.
However, while he has paid for the cars, was there ever any agreement between the two of you regards 'legal ownership'? And if your partner is your husband/defacto, in a split up, the cars are part of a joint asset pool.
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