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

Oregon 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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FAQ

Tax liens are involuntary and occur when a homeowner does not pay their federal, state, or local taxes. If this happens, a tax lien is placed against your property. This lien takes priority over all other liens and stays there until the debt is completely paid.

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.

The sale of the personal property may not take place earlier than 15 days after the first advertisement, publication or posting concerning the sale.

No lien for materials or supplies shall have priority over any recorded mortgage or trust deed on either the land or improvement unless the person furnishing the material or supplies, not later than eight days, not including Saturdays, Sundays and other holidays as defined in ORS 187.010 (Legal holidays), after the ...

Property owners can be forced to pay the lien holder (the person claiming the lien) or face a potential court order to sell the property for payment. Property owners can be liable if the general contractor does not pay subcontractors, employees, materials suppliers, and equipment rental companies.

Statute of Limitation on Tax Collection However, the statute of 10 years limitation on judgment liens begins to run on a tax lien as soon as the tax warrant is filed pursuant to ORS 314.430. Such lien may be renewed by court order without loss of priority.

Liens generally follow the "first in time, first in right" rule, which says that whichever lien is recorded first in the land records has higher priority than later recorded liens. For example, a mortgage has priority over a judgment lien if the lender records it before the judgment creditor records its lien.

A lien that has priority over another lien is called a "superior" lien. A low-priority lien is called a "junior" lien. If a home has more than one lien, priority determines the lienholders' rights following a foreclosure sale.

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