1. Bought a house, as is, in 2010, which came with a 1,000 gallon propane tank attached. 2. Entered into agreement with fuel company "1" for fuel in 2010. 3. No tank rental is paid to fuel company 1 because it's not their tank 4. Recently a workman (inspecting the tank because of a new BBQ) mentioned that company 2 owns the tank 5. Company 2 was recently bought by company 1.
Nothing more has happened, but, who owns that tank?
I feel "I" own it by virtue of multiple circumstances (but I'm not a lawyer!): a. I bought the house and everything attached to it b. I never signed an agreement with company 2 c. Company 2 abandoned that tank long ago (IMHO)
I suspect, if company 1 wants to assert ownership of that tank, they could say: A. Company 2 originally owned the tank B. Company 2 still owns that tank C. Therefore, company 1 (who owns company 2) owns that tank.
Have you ever been in this situation? What advice do you have for me?