Yes, you can absolutely put a car title in two names. This is a common practice for couples, family members, or business partners who are co-owning a vehicle. The process is straightforward at the DMV, but the specific way you list the names on the title has significant long-term legal and financial implications. The two primary methods are Joint Tenancy with Rights of Survivorship and Tenancy in Common.
When you apply for the title, you will specify how you wish to hold the title using a conjunction like "AND" or "OR" between the names. Using "AND" typically implies that both owners must sign off on any future sale or transfer of the vehicle. Using "OR" grants either owner the authority to sell the car independently, which offers less protection but more flexibility.
The most critical distinction is survivorship. With Joint Tenancy with Rights of Survivorship, if one owner passes away, full ownership automatically transfers to the surviving co-owner without the need for probate court. This is often the preferred choice for spouses. In contrast, with a Tenancy in Common, the deceased owner's share of the vehicle becomes part of their estate and is passed on to their heirs, not necessarily the other co-owner.
Before titling, consider financing and insurance. A lender will usually require all names on the loan to also be on the title. Similarly, all titled owners should be listed on the insurance policy. It's wise to consult with your DMV to understand your state's specific requirements and terminology to ensure the title reflects your intended ownership structure.
| Ownership Type | Key Characteristic | Implications for Sale/Transfer | What Happens Upon an Owner's Death |
|---|
| Joint Tenancy (with Rights of Survivorship) | Ownership is shared equally. | Usually requires signatures from all owners. | Ownership automatically transfers to the surviving owner(s). |
| Tenancy in Common | Owners can hold unequal shares (e.g., 70/30). | May allow a single owner to sell their share. | The deceased's share goes to their estate/heirs, not the co-owner. |
| Titling with "AND" | Implies shared control. | Typically mandates all parties sign the title for a sale. | Depends on the survivorship clause specified on the title. |
| Titling with "OR" | Grants individual authority. | Allows any named owner to sell the vehicle without the other's signature. | Varies by state law and how the title was recorded. |
