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Rules for ownership of car?
Hi, me and my boyfriend are buying a car and we will be paying exactly half each so we both half own the car. Are there rules with DVLA as to who becomes the registered keeper and owner when are car is jointly owned? Thanks in advance.
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For more on marking an answer as the "Best Answer", please visit our FAQ.only one person can register the car as theres, no matter if the cost is split. Whoever is on the V5 (Logbook), will the registered keeper and the owner, in DVLA's eyes. That person will be responsible for any traffic violation fines, tax disc fines etc etc. Even if you pay more than your boyfriend, if his name is on the log book, the car will be his and his repsonsibilty.
Its up to you to decide who wants to be the owner of the vehicle. Think carfefully about it. Whoever is the main insured person, should really be the person on the log book.
Its up to you to decide who wants to be the owner of the vehicle. Think carfefully about it. Whoever is the main insured person, should really be the person on the log book.
The name on the V5C(W) Registration Certificate is the name of the registered Keeper not nescasarily the owner.
The owner is the person or persons who bought the vehicle and who's name or names are on the reciept.
The registered keeper is responsible for naming who ever was driving in the case of traffic violations.
The owner is the person or persons who bought the vehicle and who's name or names are on the reciept.
The registered keeper is responsible for naming who ever was driving in the case of traffic violations.
The owner of the vehicle and the registered keeper are completely separate concepts, although of course they are often the same person. The registered keeper is the person who normally uses the vehicle. A company car, for example, should really be registered in the name of the person who uses it and not the company which owns it. This is not enforced nowadays because of all the extra work the DVLA would have to do every time a company car is issued to someone else. All the same, it is a headache for the police if something serious happens on a Friday night, and they can't contact the company until Monday.
The whole question of ownership, insurance, and "keepership" if there is such a word can be really confusing.
My wife and I each have our own cars and our own insurance policies, but with each other as named drivers, even though both cars are registered with DVLA in my name only.
Insurance companies need to know who the main driver will be but DVLA only need know who the keeper is.
I suppose ownership in reality belongs to whoever signed the cheque, unless of course you paid cash just to complicate the issue further.
My wife and I each have our own cars and our own insurance policies, but with each other as named drivers, even though both cars are registered with DVLA in my name only.
Insurance companies need to know who the main driver will be but DVLA only need know who the keeper is.
I suppose ownership in reality belongs to whoever signed the cheque, unless of course you paid cash just to complicate the issue further.
grunty, company cars are registered depending on the lease contract. If on a Contract Hire the vehicle can only be registered to the lease company. If on a finance lease it can be registered to the company using the car. Personal lease will be registered to the driver.
Most large company will lease vehicle on a contract hire and register them as the elase company;s. Im a fleet manager....its my job!
Most large company will lease vehicle on a contract hire and register them as the elase company;s. Im a fleet manager....its my job!
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