Valueless definition
Valueless means any item that has an insubstantial resale value but does not include personal photos, jewelry, or other small items that are irreplaceable.
Valueless means any item that has an insubstantial resale value but does not include personal photos, jewelry, or other small items that are irreplaceable. The landlord shall inventory and store all abandoned personal property of the tenant that the landlord reasonably believes is valuable in a place of safekeeping and shall exercise reasonable care for the property. The landlord may charge a reasonable storage and labor charge if the property is stored by the landlord, plus the cost of removal of the property to the place of storage. The landlord may store the property in a commercial storage company, in which case the storage cost includes the actual storage charge plus the cost of removal of the property to the place of storage. After complying with the above requirements, the landlord shall make a reasonable attempt to notify the tenant in writing that the property must be removed from the place of safekeeping by sending a notice with a certificate of mailing or by certified mail to the last-known address of the tenant, stating that at a specified time, not less than 10 days after mailing the notice, the property will be disposed of if not removed. The landlord may dispose of the property after complying with the above requirements by:
Examples of Valueless in a sentence
Closing Inventory will exclude all products of no value to both Buyer and the Seller, obsolete products, or damaged products, products beyond repair, and non-conforming inventory as of immediately prior to the Closing (such excluded inventory, the “Valueless Inventory”), as if the value of such Valueless Inventory was $0.