CanI transfer the past due fees from a storage unit into another person’s name if that person agrees to acquire ownership of the unit?
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CanI transfer the past due fees from a storage unit into another person’s name if that person agrees to acquire ownership of the unit?
I rented a unit for my friend who has not been paying the storage fees. If he signs an agreement to take over ownership and responsibility for the unit does that keep me from being responsible for it? What if the storage company does not agree to change the names?
Asked on October 21, 2011 under Bankruptcy Law, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
If you have a friend who is willing to assume the debt for the storage locker that you are writing about that has yet to be paid and to assume all future debt as to it, make sure you get this agreement in a writing signed and dated by the friend.
If he signs the document as suggested, he will be responsible to you for any future claims by the storage facility. However, the storage facility may not agree to the assignment of obligation where you ultimately will be responsible to the storage facility for money owed. I suggest that you try and obtain a writing from the storgage facility stating that your friend will be obligated for all past and future charges on the storage unit, not you. If that happens, your friend will be responsible for all past and future charges.
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