Full question:
I have leased a tractor [semi truck] to a person that lives in OK. They have had the truck for over a year. The lease is that they will pay so much, and mantain the equipment in good working condition. They will not pay or return the truck to me and have threatened to have it removed and charge me storage. I would like to get the truck back in good running condition as agreed on. what are my options?
- Category: Contracts
- Date:
- State: New York
Answer:
Thank you for your inquiry. In Oklahoma, if you want to recover your leased tractor, you have a few options:
1. **Repossession**: You can repossess the tractor if the lease agreement allows for it. However, you must do so without breaching the peace. If you cannot reclaim the tractor peacefully, you may need to pursue legal action.
2. **Legal Process**: If you cannot repossess the tractor without conflict, you may need to initiate legal proceedings to recover it. This could involve filing a lawsuit for breach of contract if the lessee has failed to meet their obligations.
3. **Notice Requirements**: After repossession, you must notify the local police department and the vehicle registration office within twenty-four hours. This notice should include your information and details about the repossession.
4. **Storage Fees**: Be aware that the lessee cannot charge you storage fees for the tractor if they are in breach of the lease agreement.
For more specific legal advice, consider consulting with a lawyer who specializes in lease agreements and repossession laws in Oklahoma.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.