Vehicle Ownership

by Sharon

Vehicle ownership is not the same as vehicle use

Vehicle ownership is not the same as vehicle use

Have you ever heard of a vehicle for the company owned 50% by the corporation and 50% personal?

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No can't say that I have Sharon.

What I would normally see is a vehicle personally owned and used 50% for business ... whether the business is incorporated or not ... or a company owned vehicle that is used 50% for personal use. Neither of these are the same thing as co-ownership though.

If I were you, I'd look at license registration. It will tell you who the registered owner or owners is/are.

The options I am aware are found here ...

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