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William Joseph
  • Property Manager
  • Plantsville, CT
66
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Old owner left guns in the property

William Joseph
  • Property Manager
  • Plantsville, CT
Posted

Here is the scenario:

I just purchased a property in Connecticut. The old owner is in assisted living an left anything he didn't want (trash out was negotiated as part of purchase price). The seller left a number of guns and ammo in the property. I know this is likely a state specific question but am looking for general answers too. How should I handle? For what it is worth, I have my pistol license in CT but an am not really interested in in the intrinsic value of the guns so much as the liability of now being in "control" of them. 

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Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
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Eamonn McElroy#5 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • Atlanta, GA
Replied

@William Joseph

If the previous owner doesn't want them, contact a local attorney familiar with abandoned property law, specifically as it relates to firearms.

If they're yours call up local PD, tell them the situation, and ask that they check them out for you.  They'll run the serials (if they have serials) and check if the firearms have ever been used in a crime.

If they're clean and clear, I disagree on disposing of them.  There could be substantial value here...particularly if they're antiques or the former owner's old WW2 rifle.  Keep them or sell them to someone who will appreciate them.  Your choice.

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