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Buy a car from deceased person's estate
My son (aged 22) wishes to buy his first car.
A friend of his aunt’s mother has recently passed away.
This lady had a car which appears to be suitable.
The son of this lady is the executor for this lady’s estate.
The car will have been registered and insured with her and her name will be on the VO5 (log book).
In this sort of situation what should happen with regard to the VO5 documentation while the proceeds of this lady’s estate are being dealt with.
I believe the executor is keen to dispose of the car as soon as possible.
The car is a bout 8 years old and said to be very low mileage.
A friend of his aunt’s mother has recently passed away.
This lady had a car which appears to be suitable.
The son of this lady is the executor for this lady’s estate.
The car will have been registered and insured with her and her name will be on the VO5 (log book).
In this sort of situation what should happen with regard to the VO5 documentation while the proceeds of this lady’s estate are being dealt with.
I believe the executor is keen to dispose of the car as soon as possible.
The car is a bout 8 years old and said to be very low mileage.
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Comments
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Strictly speaking, the executor isn't in a position to sell any of the deceased's property until probate is granted. But, in practice, many transactions like this go ahead all the time.
The DVLA will be fine with the son signing the transfer over as "executor of ...".
The executor is taking a small risk if there are other benficiaries of the estate who may later complain ... but that's his problem, not yours.0 -
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I dont understand any of this probate stuff.
My MIL passed away recently, We split her possession's between the children and that was the end of the matter.
No expensive property or savings etc though.Censorship Reigns Supreme in Troll City...0 -
just give them the dolla and get the new keeper supplement
all this rubbish about executers
gee are we not british?
just do it
its an 8 year old car not a boat in the Seychelles0 -
My son (aged 22) wishes to buy his first car.
A friend of his aunt’s mother has recently passed away.
This lady had a car which appears to be suitable.
The son of this lady is the executor for this lady’s estate.
The car will have been registered and insured with her and her name will be on the VO5 (log book).
In this sort of situation what should happen with regard to the VO5 documentation while the proceeds of this lady’s estate are being dealt with.
I believe the executor is keen to dispose of the car as soon as possible.
The car is a bout 8 years old and said to be very low mileage.
I'd be very worried about documentation that was made out of shampoo and conditioner.
:rotfl::rotfl::rotfl::rotfl::rotfl::rotfl:The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0 -
As far as your son is concerned, this situation is no different to buying any other car privately. He should take all of the necessary precautions and check the car over making sure there is no outstanding finance of course.
If he his happy to go ahead and buy the car, he should sign the V5C (not VO5) as the new keeper and keep hold of the V5C/2 new keeper supplement until the V5C comes through from DVLA Swansea (showing his name and address as the registered keeper).
As some of the previous members have already pointed out, the fact that the car is being sold as part of a deceased persons estate is of no concern to your son. He is simply buying a second-hand car.0 -
Named executors don't need to wait for probate(they do for some transactions but not cars).
Anyway.
As long as you re happy the person handing over the car has or will ahve the right to do so it is just like any other purchase.
DVLA don's care whos signs the docs.
One question you could ask or get someone closer to ty to claify is that all the benifitiaries are happy with the price.
This is arms length enough anyway, but you have to become totaly detached as you should with any purchase.0 -
Happytohelp wrote: »As some of the previous members have already pointed out, the fact that the car is being sold as part of a deceased persons estate is of no concern to your son. He is simply buying a second-hand car.
You still have to establish the person handing over the car has the right to do so.
Not a problem here since there is a friend of a friend connection back to the cars origin owner .
If you are not sure make sure because you could end up with a stolen car.0
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