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Old 11-02-2015, 02:56 PM
 
Location: Vermont
11,755 posts, read 14,644,267 times
Reputation: 18518

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Quote:
Originally Posted by headingtoDenver View Post
I think in this case, the insurance company would own the car due to them paying a full claim on it. Just because it is on 'your' property, doesn't give you rights to it.
Maybe so. Does that give them the right to excavate your land to get it?
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Old 11-02-2015, 03:44 PM
 
5,444 posts, read 6,987,107 times
Reputation: 15147
Quote:
Originally Posted by jackmccullough View Post
Maybe so. Does that give them the right to excavate your land to get it?
From the article, I think the police (or whomever) excavated it and not the insurance company. Who knows though. Times were different back then. They very well could have given them the proceeds from the auction.
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Old 11-02-2015, 03:52 PM
 
6,738 posts, read 2,906,835 times
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The insurance company owned the car and paid off on the claim, therefore they are the owners, and they lost the behinds wen they sold it at auction for 5 to 9 thousand dollars, after most likely paying a claim for, what, a hundred grand? More? The car was only a couple of years old when it disappeared, so it was worth a lot of money,
I want to know what happened to the guy who filed the false claim and took the money, and the guys who buried it.. both of them should have been easy to find.
The thieves must have lived in that home at one time, you don't just drop by any home and dig a hole big enough to bury a vehicle. So what happened to them? Probably arrested for another crime and were in jail..
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Old 11-02-2015, 03:58 PM
 
6,738 posts, read 2,906,835 times
Reputation: 6714
Quote:
Originally Posted by jackmccullough View Post
Maybe so. Does that give them the right to excavate your land to get it?
Why would anyone care if their yard was dug up to recover a car, it was probably restored to as good or better condition when they finished..
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Old 11-02-2015, 04:03 PM
 
6,738 posts, read 2,906,835 times
Reputation: 6714
Quote:
Originally Posted by Cape Cod Todd View Post
That is pretty cool. I wonder if the home owner got to keep it and then sell it? In most states when you buy a house you own the land beneath it including what is called "mineral rights"

If someone buys a house and later finds something like a old buried fuel tank and there is no one to point the finger at for not disclosing it it becomes the owners responsibility to remove the tank or have it taken care of. If it is found ot have leaked into the soil it becomes a hazard waste site.

The home owner should have seen a reward for this find.

I wonder if the owner went to jail for insurance fraud?
When there is a fuet tank buried on your property, the original owner is responsible no matter how may times the property was sold. The expression is, you own it, from cradle to grave.
the home owner deserved nothing, why should he be entitles to anything? How can they pay a rewar anyway, they got virtually nothing for the car it's not like it was still worth blue book value..
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