Liability with untransferred car title
August 24, 2013 12:47 PM Subscribe
Can my parents be held liable for a car that they sold but still hold the title on due to buyer negligence?
posted by btkuhn to law & government (4 answers total)
My parents sold an older car about a year ago in North Carolina. The buyer paid cash, and they signed over the title and got it notarized. My parents kept a copy of the transferred title for themselves. Yesterday they heard from the mother of the girl who bought the car, who told them that the girl never completed the title transfer by taking it to the DMV. It's unclear whether the car is currently insured or registered. My parent's are concerned that since the car title is presumably still in their name, they could be liable if the girl who bought it gets in an accident and damages someone else's car (or worse). The girl isn't responding to phone calls.
What should be done at this point? Are my parents at risk if the girl does not transfer the title? I mean, they can't force her to...