Posted By: SunnyFL, CRCM
Safe Deposit Ownership Title (Need ASAP) - 04/12/10 03:40 PM
We are about to convert to a new automated safe deposit system, including new documents. Questions:
1.) Should an individual renting a box be referred to as Individual, renter, primary, or what? Would two or more renters on a box all be considered co-renters, joint or, or what? How about a box rented to a business? On an account they would be authorized signers. What are they on a safe deposit box.
2.) Our lease agreement has a field for "Renter Ownership". Based on the above situations what would you put in this area?
Thanks for any quick response.
1.) Should an individual renting a box be referred to as Individual, renter, primary, or what? Would two or more renters on a box all be considered co-renters, joint or, or what? How about a box rented to a business? On an account they would be authorized signers. What are they on a safe deposit box.
2.) Our lease agreement has a field for "Renter Ownership". Based on the above situations what would you put in this area?
Thanks for any quick response.