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  1. #1
    Join Date
    Aug 2013
    Posts
    1

    Default Owner of Vehicle Sold As Part of Commercial Real-Estate Sale Demands Car

    My question involves personal property located in the State of: Oklahoma

    My husbands company purchased a building and in the building was a vintage car. His boss was told the car was abandoned by the pervious owner (it was in for repairs and the owner never came back for it) in 2009. My husbands boss is a car collector and asked if the current building owner would leave the car on the property as an ammenity. The owner agreed and this statement was included in the sales contract. The contract was signed and sale was effective the 26th of this month. Now 2 days later, the person who originally owned the car mysteriously shows up and wants it. Apparently the car owner owed money to the repair shop but was unable to pay. The owner assumes now that since the previous company relinquished the car to the new building owners, he can just come and get it. Is the vehicle rightfully his or the new building owners?

    Thank you!

  2. #2
    Join Date
    Jan 2006
    Posts
    38,370

    Default Re: Owner of Vehicle Sold As Part of Commercial Real-Estate Sale Demands Car

    whose it is will depend on the laws of Oklahoma and if anything within those laws allowed the prior owner of the property to claim title PLUS if he had in fact taken any actions required by law to make such a claim. If the prior owner of the property did in fact have a valid claim to the title and did what was required to claim that title, then the car now belongs to your husband. If the prior owner of the property did not take the appropriate action to claim the title but still has the right to do so, then he needs to do so so he can transfer title to your husband.


    If the prior owner of the property had no legal claim to the car, then he could not convey title to your husband and as such, the issue is between the owner of the car and the prior owner of the real estate (at least for possession of the car). The issue of what, if any value, was placed on the car in the sale of the real estate is an issue between your husband and the prior owner of the real estate.

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