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

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Multi-State
Control #:
US-01022BG
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Word; 
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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

Self storage investment is a form of real estate investment where you invest your funds in self storage facilities and earn a return by rental income from the storage units. Your customers can be individuals or small and medium-sized businesses.

PREPARING THE LOUISIANA MECHANICS LIEN Every mechanics lien typically must contain the owner's name, a general description of the property and location, the name of the hiring party, the first and last date of work a description of the work performed, and the amount of money owed.

Storage Unit means a semienclosed or fully enclosed area, room, or space that is primarily intended for the storage of personal property and which shall be accessible by the renter of the unit pursuant to the terms of the rental agreement.

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

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.

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).

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.

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