Have a question about business law in the state, which is ass backward from everywhere else. Husband and I have been speculating about purchasing a mini storage business. From my understanding, if a person that is renting from you defaults on payment, it is state law that you HAVE to throw away the contents, you can't lay claim to it or do anything else with it. My question is, is that right, and if it is, what if I stated in the lease agreement that ownership of contents will be transferred to the storage owner (me)? I know there are laws on the books about things like this JUST IN CASE there isn't a contract, but what if I made it a clause in the contract that I would own the contents? Would that be legal?Answer Question
Answer by geminisummerz at 11:21 PM on Jul. 13, 2011
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