If an employer buys a car for an employee and places the employee’s name on the title but there is no agreement to repay them, can it try to collect later?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
If an employer buys a car for an employee and places the employee’s name on the title but there is no agreement to repay them, can it try to collect later?
My employer bought me a used car 6 months ago in the amount of $20K. There was no agreement either verbally or in writing to pay my employer back. Now it wants me to sign a promissory note to pay approximately $6,300 to them over the next 7 years. If it is not fulfullied, they want the car back. Since the employer did not make an agreement before or at the same time the car was bought, is the employer’s request legal and binding?
Asked on March 17, 2012 under Employment Labor Law, Texas
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
First you are under no obligation to sign any promissory note submitted to you after the fact concerning the car that you are writing about. Since the car is in your name, it is presumed that it is yours to do with it as you want. however, from a moral ground, it you understood that the car was not to be yours or that you were to pay your employer for it, you should do so but only under those terms and conditions that you agree to and can afford. I suggest that you consult with an attorney that practices in the area of employment law to further assist you.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.