Limit on # of Owners of Safe Deposit Box?

Charles Staats: No limit exist that I am aware of... Over the years in doing contract audits I have seen as many as 6 to 8 owners on a box. Make sure your customers are aware that at any time any one of the owners on that box can come into the box with a key or have it drilled without any of the other renters knowledge and remove all the contents and close the box. Safe Deposit box laws in many states require that All Owners(renters) of a box must be notified by certified mail in instances of past due rent/drill, vault (SD box) relocations,and you would also need to notify all in the case of a disaster... Most safe deposit hard copy contracts do not have enough blank space left for the additional owners required customer information, such as address, date of birth, social security number. Plus the hassle of getting all the signatures and verifying the 2 forms of ID.