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Virginia Lien Law 55-416. Short title. This chapter shall be known as the "Virginia Self-Service Storage Act." 55-417. Definitions. As used in this chapter, unless the context clearly requires.

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Related content

Virginia Self-Service Storage Act - Virginia Law
A. The owner shall have a lien on all personal property stored within each leased space...
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Related links form

IRS W-2VI 2018 IRS W-2VI 2017 IRS W-2VI 2016 IRS W-2VI 2015

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Self storage (a shorthand for "self-service storage," and also known as "device storage") is an industry that rents storage space (such as rooms, lockers, containers, and/or outdoor space), also known as "storage units," to tenants, usually on a short-term basis (often month-to-month).

Self-Storage Unit means premises that consist of individual enclosed compartments for storing goods or materials (other than hazardous or offensive goods or materials).

Storage Property means each parcel of real property owned or operated by the Borrower, the General Partner or any of their Subsidiaries and upon which there is located a self-storage facility. Sample 1Sample 2. Storage Property a self-storage facility owned and operated by the Borrower or any of its Subsidiaries.

Beginning on July 1, House Enrolled Act 1621 will accelerate these grace periods and lead to quicker seizures and shortened timeframes before auctions. Under the new law, storage companies will be able to seize the renter's unit only five days after a missed payment and send the items to auction after 60 days.

Each storage facility may offer one, two of three of the following types of self-storage: inside storage, outside storage, and drive-up storage.

If such default is not cured within 10 days after its occurrence, then the owner may proceed to enforce such lien by selling the contents of the occupant's unit at public auction, for cash, and apply the proceeds to satisfaction of the lien, with the surplus, if any, to be disbursed as provided in this section.

Defining self-storage assets The storage space – also referred to as storage units – is typically rented on a month-to-month basis. This space will make up the most space for any self-storage asset type.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232