Wednesday, August 3, 2011

Junk Car on Your Property? Get a COA

Amplify’d from junkcars.posterous.com

You move in to your new home and there it is at the backyard or garage: a rusty heap of metal on wheels that seems to have sat there for years.  Aside from the fact that it’s extremely ugly and a waste of space, it’s also dangerous to keep around since it could be leaking toxic fluids into the ground or hosting various pests.

If the junk car was abandoned by the previous tenants and you don’t have its title, you can get rid of the vehicle by processing a document called a Certificate of Authority (COA). Don’t worry ‘cause the whole process isn’t troublesome at all and it would allow you to legally dispose of the vehicle. Once your COA is processed, the vehicle may be marked as “salvage” and it can never be put back on the road. You may then contact a local or national junk car removal company to get rid of the vehicle for you even if you don’t have the title.

Some people go through the trouble of placing small claim civil suits on former tenants who abandon vehicles on their former properties. The civil judge may then rule that the new owner of a property has the right to the abandoned vehicle. You can, of course, go through all this trouble or just get a COA, so you can have the vehicle removed immediately. In many ways, a COA is just as good as a title and it’ll do if your main concern is just getting rid of the rusty ride as quickly as possible.

However, doing it this way may not earn you money even if you try to deal with a company that gives cash for junk cars. The reason for this is that the company may have to place the scrap car in a state-approved storage lot. They may not give you any cash ‘cause the storage lot would just pay the junk car removal company for towing your vehicle. The company is then prevented from retaining the junk car once it’s placed in the storage lot since it must be auctioned off according to law.

While this is certainly one option in getting rid of your junk car, it’s not the only way. Remember that this is also not legal advice, so always consult your lawyer for more instructions. Ask him about COA and how you can best get rid of that old clunker and perhaps even earn money in the process.

Read more at junkcars.posterous.com
 

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