gkisystems
Member
What is the name of your state (only U.S. law)? Wisconsin.
Here's an interesting one...
Tenant moves into a single family home with a lease that states "if Tenant removes from the Premises or is evicted from the Premises and leaves personal property behind, Landlord may presume that Tenant has abandoned the personal property. Landlord will not store personal property abandoned by Tenant and may dispose of it in any manner deemed appropriate by Landlord."
The Landlord was granted an immediate eviction by the court for failure to pay rent and the Tenant left the premises the day the eviction was ordered by the court. However, some property was left behind (none of which is medical equipment or medicine), mostly items of insignificant value with the exception of new appliances.
Landlord was lead to believe that the appliances left behind were purchased from a retail store that caters to poor credit individuals where all items are sold on a credit based installment plan. Landlord visited said retailer and the retailer confirmed Tenant did purchase appliances and has defaulted on the payment plan. The retailer refused to provide additional information and Landlord does not know if the specific appliances left on Landlord's property are in fact the appliances purchased from the retailer. Additionally, Landlord does not know who the true owner of the appliances is - ie, if the Tenant is in default on the payment plan with the retailer and if the loan is secured by the appliances, then perhaps the ownership reverts back to the retailer.
The relevant state statute is 704.05(c):
(c) Rights of 3rd persons. The landlord's power to dispose as provided by this subsection applies to any property left on the premises by the tenant, whether owned by the tenant or by others. The power to dispose under this subsection applies notwithstanding any rights of others existing under any claim of ownership or security interest, but is subject to s. 321.62. The tenant or any secured party has the right to redeem the property at any time before the landlord has disposed of it or entered into a contract for its disposition by payment of any expenses that the landlord has incurred with respect to the disposition of the property.
QUESTION: May Landlord sell the appliances and keep the proceeds?
Here's an interesting one...
Tenant moves into a single family home with a lease that states "if Tenant removes from the Premises or is evicted from the Premises and leaves personal property behind, Landlord may presume that Tenant has abandoned the personal property. Landlord will not store personal property abandoned by Tenant and may dispose of it in any manner deemed appropriate by Landlord."
The Landlord was granted an immediate eviction by the court for failure to pay rent and the Tenant left the premises the day the eviction was ordered by the court. However, some property was left behind (none of which is medical equipment or medicine), mostly items of insignificant value with the exception of new appliances.
Landlord was lead to believe that the appliances left behind were purchased from a retail store that caters to poor credit individuals where all items are sold on a credit based installment plan. Landlord visited said retailer and the retailer confirmed Tenant did purchase appliances and has defaulted on the payment plan. The retailer refused to provide additional information and Landlord does not know if the specific appliances left on Landlord's property are in fact the appliances purchased from the retailer. Additionally, Landlord does not know who the true owner of the appliances is - ie, if the Tenant is in default on the payment plan with the retailer and if the loan is secured by the appliances, then perhaps the ownership reverts back to the retailer.
The relevant state statute is 704.05(c):
(c) Rights of 3rd persons. The landlord's power to dispose as provided by this subsection applies to any property left on the premises by the tenant, whether owned by the tenant or by others. The power to dispose under this subsection applies notwithstanding any rights of others existing under any claim of ownership or security interest, but is subject to s. 321.62. The tenant or any secured party has the right to redeem the property at any time before the landlord has disposed of it or entered into a contract for its disposition by payment of any expenses that the landlord has incurred with respect to the disposition of the property.
QUESTION: May Landlord sell the appliances and keep the proceeds?