Leinholder liability
Sep. 10th, 2011 04:32 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
snousleDear Lazywebs,
I have loaned a friend money for the purchase of a motor home, with everything taking place in California. I am named as leinholder on the title. If he is uninsured or insufficiently insured and causes an accident, am I liable for damages?
A knowledgeable friend says yes, while several dubious content-farm sites say no. I have been unable to find an authoritative answer.
I have loaned a friend money for the purchase of a motor home, with everything taking place in California. I am named as leinholder on the title. If he is uninsured or insufficiently insured and causes an accident, am I liable for damages?
A knowledgeable friend says yes, while several dubious content-farm sites say no. I have been unable to find an authoritative answer.
