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

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Multi-State
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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

To put it plainly, living in a storage unit is illegal.

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. StorageTreasures provides information on upcoming auctions in California.

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

Eric Holcomb. Under current law, a storage company can't put its own, second lock on a storage unit until the rent goes unpaid for at least 30 days. The company then only can auction the contents of a storage unit in default once 90 days have elapsed.

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.

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.

In some states, such as California, the storage facility must send a notice to the renter indicating that the unit is in default and will be sold at a public auction if the renter does not pay the past-due rent and fees within a certain timeframe, usually between 14 and 21 days.

If you don't pay within 15 days from the date the notice is sent, the storage company may publish or post notice of the sale of your property to the public. Published. Legal notice of sale published once in each of 2 consecutive weeks in a newspaper in the county where the storage unit is located.

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