Kimball, Tirey & St. John LLP represents owners and managers of residential and commercial properties, including self-storage facilities. For more information about this article, please contact attorney Leanne Barbat at 800-574-5587 and visit our website at .
Read MoreHi, Welcome to JustAnswer, My name isXXXXX am a Licensed, Practicing Attorney, and I would be glad to help. Answer. If the storage facility auctioned/sold the property of the individual who was storing their property, but the proceeds of the Auction/Sale were not enough to cover the amount owed to the storage facility, then the facility can either
Read MoreChoose an area of law that your issue relates to: Recourse for a wrongful sale will be for damages as the person purchasing storage unit goods sold to satisfy a lien (even if storage facility failed to comply with the law) takes the property free of any rights of persons against whom the lien was valid (see Conn. Gen. St. §42-166).
Read MoreIn most states, tenants have between 30 to 90 days past due to pay the full amount of the dues they owe to the storage facility to avoid their unit being auctioned off. The period after which you can
Read More651. Navigating the world of self storage can be tricky and there are many aspects that require thorough understanding before an informed decision can be made about renting a storage locker. Here, at STORAGE Café, we''ve compiled a list of the most frequently asked questions about self storage from types of storage, amenities, and
Read MoreWhen Can a Storage Unit Be Auctioned Off? Holding an auction is sometimes a self storage facility''s only legal means of removing a delinquent tenant''s
Read MoreThis post will help you understand how a unit can be sold to the highest bidder. In Texas, the owner of the storage facility has the power to sell your belongings if you do not pay
Read More"Self-service storage facility" does not include any garage used principally for parking motor vehicles, any garage or storage area in a private residence, an establishment licensed pursuant to sections 915.14 to 915.24 of the Revised Code, or any property of a bank or savings and loan association that contains vaults, safe deposit
Read MoreFlorida Lien Law Chapt. r 83, Landlord and TenantPar. III Self-Storage Facility Act83.803 Definitions.— As used in ss. 83.801-83.809:"Self-service storage facility" means any real property designed and used for the purpose of renting or leasing individual storage space to tenants who are to. ave access to such space for the purpose of
Read MoreWhen Can a Storage Unit Be Auctioned off? In most states, tenants have between 30 to 90 days past due to pay the full amount of the dues they owe to the storage facility to avoid their unit being auctioned
Read MoreUnits are sold as-is, and public storage auctions are held as a last resort for facilities that have been unable to obtain payment
Read MoreConsider this market transaction of a self storage building which sold recently. The reason it sold for a very high multiple is that it has the ability to significantly increase its income. The
Read MoreWhat Storage Agreements Must Include. Along with the name of the storage unit owner and the renter, the dates of the occupancy must be included. The street address of the storage unit facility is required, and the monthly rent is a must. Some storage unit customers have complained that the owner drastically raised the rent after a
Read MoreRooms with paint storage must have an approved automatic fire protection system in areas with aisles at least 3 feet wide; If you are storing 25 gallons or less of paint, then no special storage cabinet is required; If you are storing more than 25 gallons and up to 60 gallons of flammable paint, storage in an approved cabinet is required;
Read MoreFirst read your rental agreement, second read RCW 19.150.040. It appears you should have gotten notice of late rent. You state you knew the rent was late. Most likely the contract with the storage facility would govern. It is legal to sell your belongings without notice.
Read MoreInstead, it refers to a standard size widely used for food storage. A #10 can typically measures approximately 6 3⁄16 x 7 inches in diameter and height, respectively. In terms of volume, it generally holds around 104 to 117 fluid ounces, which equates to approximately 3 to 3.5 liters. These are often sold separately and may come with a
Read MoreLegally Reviewed. Fact-Checked. Yes, you can sue a self-service storage facility, but you''ll need creativity to win. Self-storage facilities have rental agreements that limit their liability in case of a lawsuit, whether for bodily injury or property damage. But, you may be able to pursue a legal claim that isn''t barred by the rental agreement
Read More1 attorney answer. Generally speaking, storage unit rental agreements provide that the contents are security for the rent payments. To get out of the agreement and get your things, you''d need to cram down the lien to the value of the stored items. This is not a do-it-yourself project. Ask your attorney how to proceed.
Read MoreIn most states, tenants have between 30 to 90 days past due to pay the full amount of the dues they owe to the storage facility to avoid their unit being auctioned off. The period after which you can auction off a storage unit varies from one state to another. Make sure to check your storage unit auction laws in the state where your facility is
Read MoreA could not pay the Judgment, so XYZ Storage Co. sold A''s property at auction. The highest bid was $800, so XYZ Storage Co, did not get the full amount that A owed. There was a deficiency of $400. XYZ did not have time to pursue A for the $400, so it sent the account to a collection agency, which then pursued A until A paid them the $400.
Read MoreMost likely the contract with the storage facility would govern. It is legal to sell your belongings without notice. If you go to the agreement you signed when started
Read MoreThe CC&Rs (and other governing documents) determine who must maintain the common areas. Part of this determination depends on what type of common element it is. The HOA is normally responsible for the maintenance, repair, and replacement of all general common elements. It pays for these by collecting periodic dues from each
Read MoreSelf storage operators are bound by many different sets of rules. Not only do they have to abide by each state''s self storage lien laws, but the procedures of motor vehicle departments also dictate their options. in California, a gun cannot be sold by a private individual or a licensed dealer without a background check. The code below
Read MoreYes. Storage facility has "Possessory Lien". May retain goods under lock and key. No. Goods may not be sold during pendency of C13 BK without obtaining relief from BK automatic stay. Maybe. C13 BK may result in discharge of pre-petition debt. Depends on terms of C13 plan. Yes. You are responsible for post-petition debts incurred.
Read MoreYou should have rejected your storage contract on your petition. If you did not, the fees accrued post petition. Upon your discharge, the owner can send you notice to pay your post petition fees. If the fees go unpaid, the owner can enter the unit, exercise its lien, and liquidate your stored personal property. Helpful (0) 1 lawyer agrees.
Read MoreLosing your storage unit can feel like a game of hide and seek with forgotten belongings. The rules are simple: pay on time or risk losing the hidden treasures to an auction. This will help keep track of valuable items that can be sold or kept. The thrill of discovery is part of why people love auctions. Yet sometimes you might find
Read MoreA fire destroyed a building used as a storage area at the Londonderry flea market . mur . A Pionen storage area, piled high with cans of gas masks. ired . A bank-owned portfolio of four self-storage facilities in the greater Port Huron, Mich. Area recently sold for $2.9 million. insideselfstorage
Read MoreYou can see how the storage operator takes on an outstanding liability with such expensive property. Most state''s lien laws give the manager the option to have the car towed to escape further liability. Tow companies have more options to dispose of vehicles than self storage operators, which is sometimes the safest route for the operator to
Read MoreMillions of Americans have downsized or temporarily moved or lost a loved one. Storage facilities are packed with their belongings. But a lot of people are missing their payments, and every month
Read MoreStorage facilities can streamline their auction process by listing their inventory in one place for both live auctions and online auctions. Reduce the hassle and list with confidence knowing your unit will be viewed by a much larger bidder base than those few that might show up in person on the live auction day.
Read MoreThe auction. To start the auction, the storage company will cut the lock on a unit and allow potential bidders to get a look inside. Important to note is that bidders are usually not permitted to enter the unit itself, and may only glance at the contents from a distance. In the event of online storage auctions, there will be a picture attached
Read MoreFinancial Consequences. Abandoning your storage unit can also have financial consequences. If you have signed a rental agreement, you are legally responsible for paying your rent until the end of your lease term.
Read MoreIdeally, the storage area should be cool, dry, and well-ventilated. Avoiding Direct Sunlight: Exposure to direct sunlight can accelerate the deterioration of paint. UV rays can cause color fading and affect the chemical composition of the paint. Choose a storage area that is away from direct sunlight to preserve the integrity of your paint cans.
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