Boat & RV Facilities

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  • 1.  Tenant wants to sign over boat and trailer for unit fees owed. Procedure

    Posted 07-05-2022 04:10 PM
    I have a tenant that want to voluntarily sign over boat and trailer to pay for storage fees owed.  Is there a legal procedure to cover this.  Reading the book, and I am not finding a particular procedure to cover this.


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    Bernadette
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  • 2.  RE: Tenant wants to sign over boat and trailer for unit fees owed. Procedure

    Posted 07-07-2022 06:43 AM
    We have experienced this situation. Since the vehicle had no value except for junk we took ownership then had it towed by someone that could sell it for junk, cutting our losses and clearing our space. You could take ownership and then commence the sale also. Totally a business decision.

    Jeanne Dube
    Solid Ground Storage
    505 W US HWY 290
    Elgin, Tx 78621




  • 3.  RE: Tenant wants to sign over boat and trailer for unit fees owed. Procedure

    Posted 07-11-2022 02:25 PM

    You can use the Authorization and/or Release by Tenant form (BUS-23) [checkbox #5] in the Members Only part of the TSSA website for this purpose, or simply draw up your own simple agreement that states the tenant is abandoning the boat and trailer and gives up all future claims. The form is ready-made for this type of use, or for abandoning a regular storage unit. It does not however, say anything about forgiving the debt so if that is important to this tenant, you may want to add that.

    As Jeanne stated, it is completely a business decision. Just be sure you get the tenant's authorization of abandonment to you in writing. If you are planning to sell the boat and trailer or re-register it, getting the title transferred and the boat re-registered may prove to be something of a challenge. For that, you may want to explore the forms the TDMV and TPWD have specifically for that purpose. There may be something the tenant should sign for both the trailer and the boat that will make transferring title and re-registering a good deal easier. Generally even if someone gives you something, the state will want to collect taxes from the buyer based on a reasonable value of the property.



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    Ginny Sutton
    Executive Director
    Texas Self Storage Association, Inc.
    Round Rock TX
    (512) 374-9089
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