Erase In Legal Minnesota Mini-Storage Facility Forms For Free

The Minnesota Liens on Personal Property in Self-Service Storage Act (the ?Self-Storage Act?) located at Sections 514.970 to 514.979, provides self-storage owners with a very powerful and non-judicial (meaning, outside of the courts) foreclosure process to address situations in which self-storage tenants fail to pay ...

Special procedures for motor vehicles. (a) If the personal property upon which the lien is claimed is a motor vehicle or watercraft, the owner may sell the motor vehicle or watercraft as provided in this section or have the motor vehicle or watercraft towed by a towing company.

If a tenant becomes delinquent in the payment of rent, the facility manager is required to place a second lock, or ?over-lock? on each unit. This over-lock is used to keep the tenant from accessing the unit until the past due rent is paid.

A statement that the contents of the self-storage unit have been seized under the rental contract; and. A statement that if you don't pay what you owe before the 15th day after you get the notice, the property can be sold at a public auction.

If you fail to make a specific amount of payments, your storage unit will be declared abandoned. When a unit is deemed abandoned, the property manager has the authority to seize and auction the items.

Not paying for your storage unit on time can result in late fees, potential ownership claims over your stored items, and even harm to your credit score. To avoid these consequences, remember to pay on time by setting reminders or using auto-pay options. Keep track of expenses so you're prepared when bills are due.