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When someone dies and the rental is abandoned what do you do with the personal property?
Wiki User
∙ 9y ago
There are specific laws in each state about abandoned property. After a certain period of time you can sell the property and put the money into escrow for the estate.
Wiki User
∙ 9y ago
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A car was abandoned on rental property when renter died and the property owner gave the car to me. How do I get a certificate of title?
You must ask at your local Department of Motor vehicles.
What are the benefits to rental property investment?
A rental property can be a useful long-term investment. If someone is renting your property, you will be getting a sum of money every month just because you own the place.
Do you have to disclose that someone died in your rental property of AIDS?
No. There is no risk associated with HIV infection or AIDS living in a property formerly occupied by someone who was infected. No warning is warranted, and its probably a better idea to keep it quiet, considering it relates to a person's own personal health care issues.
What happens to personal property of an homeowner evicted in Indiana?
Below is a quote from INDIANA statutes:IC 32-31-4-2Liability; abandoned property; court order allowing removal by landlordSec. 2. (a) A landlord has no liability for loss or damage to a tenant's personal property if the tenant's personal property has been abandoned by the tenant.(b) For purposes of this section, a tenant's personal property is considered abandoned if a reasonable person would conclude that the tenant has vacated the premises and has surrendered possession of the personal property.(c) An oral or a written rental agreement may not define abandonment differently than is provided in subsection (b).(d) If a landlord is awarded possession of a dwelling unit by a court under IC 32-30-2, the landlord may seek an order from the court allowing removal of a tenant's personal property.(e) If the tenant fails to remove the tenant's personal property before the date specified in the court's order issued under subsection (d), the landlord may remove the tenant's personal property in accordance with the order and deliver the personal property to a warehouseman under section 3 of this chapter or to a storage facility approved by the court.As added by P.L.2-2002, SEC.16. Amended by P.L.115-2007, SEC.2.See below link for full statute:
Rental Insurance Protects Your Personal Belongings?
Although you may not own the home or apartment in which you live, having insurance for yourself and your possessions is still important. In the event of a disaster, your landlord's insurance will only cover building structure and not your personal property. Coverage provided by rental insurance includes: personal property, including furniture, clothing, appliances, computers; liability of someone is hurt in your residence, and; damage to your property caused by an event such as fire, smoke, theft, adverse weather, water and plumbing mishaps, and the like. Rental insurance may be obtained through most major insurance companies.
A tax based on the retail selling or rental price of tangible personal property is called a?
sales tax
What does tenant?
A tenant is someone living on a property. They are usually a party to a lease or rental agreement.
Do you have to list your mobile home as an asset on rental application if the mobile home is personal property?
Yes. It is an asset. An asset includes personnel property you own.
What are the insurance policies that Farmer's Insurance company offers?
Homeowners, Rental Property, Commercial Property, Commercial Auto, Personal Auto, Life, Umbrella.
What is antonym of property?
Possibly rental, rented, rent, lease, leased, leasing, borrowed, not yours someone else's, NOT YOUR OWN PROPERTY.
Is my stuff covered in rental car?
Usually 10% of your personal property protection on your home or tenants policy will be extended to your property off prmises...subject to your deductible...so basically ...and probably no..unless your loss exceeded your deductible.Next Answer:Your rental car contract does not provide any coverage for loss or damage to your personal items in the car during the rental period.
What is the Depreciation of a replacement air conditioning unit on rental property?
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
