Full question:
I have a motorcycle that was purchased for me by an Ex. I have title and vhehicle in my possesion. She is now wanting a payment for vehicle that has been in my posesion for over 1 year. Do i have to pay her, and if i do can i just give her the motorcylce back. The cost of the Motorcyle is 8000.00 there was never any contract agreement to payment.
- Category: Contracts
- Date:
- State: Florida
Answer:
Typically, when a gift is delivered by the donor (gift giver) and accepted by the donee (receiver of the gift), the donor has given up rights of ownership and the donee is the new owner. In order to prove a gift was made, there needs to be a completed delivery by the donor and acceptance by the donee.
If title to an item of personal property is established in the name of the donee, then it could be argued that the gift was complete. It could be difficult for the donor to claim that the money used to purchase the item was not a gift, without there being some kind of agreement for repayment.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
