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CRNG[_2_] CRNG[_2_] is offline
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Default Who actually owns this 1,000 gallon propane tank?

On Fri, 27 Sep 2013 11:16:37 +0000 (UTC), Alex Gunderson
wrote in Re Who
actually owns this 1,000 gallon propane tank?:

On Thu, 26 Sep 2013 19:58:37 -0600, Tony Hwang wrote:
The seller, buyer, real estate lawyer were not diligent in this case,


There are no lawyers involved when you buy a house in California.
When you buy as is, you don't even bother with a home inspection out here.


I used to have a R.E. license in Calif, and from what you have
written, here is my take on the situation.

a) If the previous property owner owned the tank, then you now own
the tank, because it is part of the real estate, being an attached
appurtenance to the house.

b) If the previous owner did not own the tank, (e.g. it was owned by
the gas company-A ) then the gas company owns it.

c) When gas company-A was bought by gas company-B, then company-B
became the new owner of the tank, assuming company-B bought all the
assets of company-A (and not just it's name).

It's not the real estate agent's responsibility.
And, the buyer buys title insurance for this purpose.

Come to think of it. I wonder if my title insurance covers this?


I doubt it, but it's worth a try.

Let us know how it turns out.
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