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Is it legal for a repo company to charge a storage fee to retrive personal property from the car in Nevada?
Wiki User
∙ 14y ago
You would have to check your state's laws on the subject, but it probably is. If they were storing and safeguarding the property for you they are probably eligible to charge something for it.
Wiki User
∙ 14y ago
Yes, it is generally legal for a repo company to charge a storage fee for retrieving personal property from a repossessed car in Nevada. However, the amount and terms of the storage fee should be stated in the contract or agreement between the repo company and the vehicle owner. It is advisable to review and understand the terms and conditions before engaging with the repo company.
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Do you have to pay a storage fee for personal property to repossession agency if you had no property in the car?
If you get the car back you have to pay storage, if there was even a pair of sunglasses inside the car they can charge you for property.
Does business personal property cover underground storage tanks?
If that property (the underground storage tanks) is used in the business to make money and you are the owner of the business, then yes. I'm not a lawyer so this is only my opinion after reading the definition of business personal property.
Can a repo company charge you for retrieving your personal property and property that belongs to someone else in the state of Kentucky?
Yes. Any property left in the vehicle when it was repossessed is additional property, not part of the repossession. As private property, the repossession company is liable to inventory the porperty and store it so that it may be recovered. State laws vary a bit, but the standard storage limit is thirty days. During this time they may assess a storage fee. You, the property owner must pay this fee to recover your property. Property that is not recovered in the time alloted by law may be discarded as the company sees fit.
Can repo company repossess a boat while it is on a trailer that is not in the repossession order?
Yes. The trailer is considered personal property, much like that rod and real you left in the boat, or the motor that was not part of the loan. You will be permitted to claim your personal property for thirty days after the boat is repossessed. You will be charged for the storage of it though.
Is your personal property covered under a homeowners policy while in a storage facility?
In my opinion yes. As long as your personal property is stored in a location that is not a residence or could be considered a residence.
What happens when the contractor starts thereting the homeowner that they are going to sell the homeowners personal property that the contractor put in storage?
When the general contractor makes a threat to a homeowner, about selling all the homeowners personal property, that the contractors have in storage. And the contractor has not finished the repairs on the homeowner's house. Can the contractor sell their property?
Does a homeowners policy cover personal property in a storage shed away from your home and would it pay up to your policy limit?
Your personal property is covered while it is in a storage facility for the perils listed in the policy. A theft loss at the facility may have limitations of coverage in some policies. Refer to your homowners policy; Coverage C-Personal Property, it is easy and fun reading!
What is the statute of limitation law for personal property in Georgia?
My sister stored her personal property in my storage house for 9 months. I kept asking her to come and get it she never did. I took her property out and place it in my garage. She never did come and get it, she said her lawyer told her not to touch it.
Can the repo company charge you a fee to get your tag and personal items back in Florida?
In the state of Florida, we are required under Florida State Statute ch. 493 to do a full inventory of items located in the vehicle at the time of repossession. You are then notified by mail (to the last known address) of the charges and usually company policy regarding when you can pick up your belongings. We are allowed to charge for our agent's time to inventory the vehicle and storage of the property if we choose. It's up to each company to decide what the fees will be. The state of Florida states your tag is considered personal property and is redeemed at the same time as the rest of your personal property.
How can someone else get the stuff out of the car when its been repossessed?
After your vehicle has been repossessed, the repossessing company must contact you (often via the creditor) to notify you where your personal property can be recovered. Repossession agents are required to keep the property for thirty days to allow you to recover it, but they will charge you a storage fee, and pretty much every one will require that fee be paid before they surrender your personal property. Regarding an agent of yours being permitted to recover your personal property, it is possible, but may be difficult.
Does car lot have to give back personal items in car from repossessed car?
Yes, they do. Within 24 to 48 hours of recovery (depending on the state) the repossession company is required to notify you that your property can be collected and must give you a phone number or other means to contact them. Most recovery agents will charge storage fee on private/personal property and will require that be paid prior to releasing the property.
Is it legal for an automobile repossession company keep your personal belongings in Arizona?
Repossession companies must give you the opportunity to recover your personal belongings. That being said, they need not do so at the time of repossession. If they store your property for any length of time, the may charge a storage fee. They are not required to hold your property indefinitely either. If you make no attempt to recover you belongings, the repossession company will dispose of it after 30-45 days.
