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

Washington 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

A new law in Indiana, House Enrolled Act 1621, will now permit storage facilities to seize a storage unit after just five days of delinquency. It also authorizes a storage auction to be held within 60 days. Hoosier State Governor Eric Holcomb signed the bill this week, which goes into effect July 1, 2023.

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.

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 self-storage unit is neither safe nor legal, but it does occur, for a variety of reasons.

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.

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.

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.

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