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

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

Category:

Liens - Storage Facility

State:

Multi-State

Control #:

US-01022BG

Format:

Instant download

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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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How to fill out Notice Of Sale To Satisfy Lien Of Self-Service Storage Facility?

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FAQ

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.

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.

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 the event that occupant fails to pay rent for a period of 30 days, the owner can begin proceedings to sell the contents. The owner must provide notice to the occupant of the default. The notice must be delivered in ance with the Act and contain information such as: the amount due.

Find storage auctions near you, fast There are currently 25672 active auctions throughout Michigan, based on your filters - no matter where you live, you can always find an auction near you. With StorageTreasures, you can bid and win on Michigan self storage units with ease.

In Michigan, after falling behind by 60 days, the owner of the facility can start preparing to sell your stuff through an auction.

Living in a storage unit is prohibited by various local and federal housing laws. Storage facilities must evict any person they find living on the premises in order to comply with the law and most insurance policies. To put it plainly, living in a storage unit is illegal.

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