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I have purchased a car in my name for my live in girlfriend. She has promised to pay each month until paid in full. How can I compell her to pay me if we separate? Should I : a) have her sign a promissory note (have it notarized) b) put the title in my name only (both our names are XXXXX XXXXX) c) do something else or in combination
State/Country relating to Question: New York
Actually you would do both A and B, and register the vehicle in your name only as well. That way should there ever be an issue it will be clear that the vehicle is yours alone.
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Negotiate, Draft, and Review many complex commercial agreements each year.