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:
When a gift is given and accepted, the donor typically relinquishes ownership rights. To establish that a gift was made, there must be delivery by the donor and acceptance by the recipient. If the title is in your name, it supports the idea that the motorcycle was a gift. Without a repayment agreement, it would be challenging for the donor to claim that the funds used to buy the motorcycle were not a gift. Therefore, you likely do not owe her any payment and can return the motorcycle instead.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.