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Updated almost 9 years ago on . Most recent reply

User Stats

374
Posts
120
Votes
Stone Teran
  • Investor
  • Cincinnati, OH
120
Votes |
374
Posts

Property impound fees

Stone Teran
  • Investor
  • Cincinnati, OH
Posted

I bought a new apartment building that has an existing property impound sign with a towing company that went out of business.  I called a new company and they are anxious to put their own sign up but said they will charge me $65 per tow.  Ha!  In my limited experience, the impound fee should always be zero to the property owner since the tow company makes money off the cars they impound.  True or false?

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