California  |  Civil Litigation

Legal Question

Asked on: 5/15/12, 11:11 am

My wife and I wish to sell our 21 year old son a car. Although he will get a bill of sale reflecting ongoing payments, we wish to maintain the title in our names until he has finished paying for the car (approx 12 months). He will have valid driver's license and auto insurance. Will we be liable, in any way, for any potential mishaps, accidents or tickets he may come in contact with during the 12 months he is paying the car off and the title is in our name?

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