Alaska Notice of Sale to Satisfy Lien of Self-Service Storage Facility

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US-01022BG
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Description

A self-service storage facility has been defined as "any real property designed and used for the purpose of renting or leasing individual storage spaces to occupants who are to have access to such for the purpose of storing and removing personal property." Such a business has generally acquires a statutory lien on the stored property for unpaid storage costs.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine

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FAQ

Under current Indiana law, storage unit renters are granted 30 days after missing a payment before the owner can place a lock on the unit and seize the property stored within. Once the default extends to 90 days, the storage owners can auction off the contents of the unit.

How Long Before a Storage Unit Is Auctioned Off in California? In California, a storage unit can be auctioned off 14 days after the rent becomes due if no payment has been made. However, facilities must send written notice to tenants at least 10 days before the scheduled auction date.

Legal notice of sale published once in each of 2 consecutive weeks in a newspaper in the county where the storage unit is located. The sale can take place 15 days after the notice has run.

The Illinois Self-Service Storage Facility Act requires a 14-day written notice before selling tenant's items at an auction.

(1) If the occupant is in default for a period of more than 60 days, the operator may enforce the lien by selling the property stored in the leased space at a public sale, for cash.

Defaulting on a storage unit can negatively impact your credit score if the facility reports unpaid debts to collection agencies or credit bureaus. This could make it difficult to secure housing or other services that require good credit standing.

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

PERSONAL PROPERTY STORED IN OCCUPANT'S SPACE WILL BE SOLD OR OTHERWISE DISPOSED OF IF NO PAYMENT HAS BEEN RECEIVED FOR A CONTINUOUS THIRTY-DAY PERIOD AFTER DEFAULT.

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Alaska Notice of Sale to Satisfy Lien of Self-Service Storage Facility