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Updated over 6 years ago on . Most recent reply

User Stats

44
Posts
9
Votes
Jessey Kwong
  • Investor
  • Vancouver
9
Votes |
44
Posts

Junk/Vehicle on a property...is it mine?

Jessey Kwong
  • Investor
  • Vancouver
Posted

I recently purchased a piece of vacant land property with junk/vehicle sitting on there.

Can I consider this my belonging since nobody has come to claim it since the last owners for several months? I’ve got an RV (messed up inside), and a pickup truck with a motorcycle sitting in it.

I’m currently working on a rehab project with a home and all of the belongings inside were mine and we were able to bring in people to salvage the junk and make some cash on it.

So 2 questions

  1. Is the junk min because it’s been sitting on my property?
  2. Is it worth marketing these junk as “salvageable” for buyers? or does that scare away buyers?

Most Popular Reply

User Stats

8
Posts
9
Votes
Greg Dyer
  • Property Manager
  • Jacksonville, FL
9
Votes |
8
Posts
Greg Dyer
  • Property Manager
  • Jacksonville, FL
Replied

I have run into this situation twice and called a tow service that advertises that they tow abandoned vehicles away. When they picked-up the car, I asked them what they did with the car. They first put a lien on the automobile for a fixed period of time but than have the option to sell the care themselves if it is not claimed. There are very specific procedures to follow and each state is different. My advice is to focus on the your rehab and leave the car up to someone else who has the expertise. I did have a neighbor come outside and chase a tow truck because it was actually his car and the previous occupant of the house had told them they could store the car on the property. Good luck.

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