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
A Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility is an official document issued by a self-service storage facility in Wake, North Carolina, in order to notify tenants of an upcoming sale of their stored items. This document indicates that the tenant has failed to make payments for the leased storage unit and therefore, the storage facility is taking legal action to recoup the debt by selling the contents of the unit. Keyword: Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility In Wake, North Carolina, there are different types of notices of sale to satisfy the lien of a self-service storage facility that can be issued depending on the specific circumstances. Some of these include: 1. Pre-open Notice: Before initiating the process of selling the items stored in a unit, the storage facility typically sends a Pre-open Notice to the tenant as a reminder of the outstanding balance and impending legal action. This notice serves as a final opportunity for the tenant to settle the debt before the sale process is initiated. 2. Lien Affidavit: If the tenant fails to respond or settle the debt even after receiving the Pre-open Notice, the storage facility proceeds by filing a Lien Affidavit with the Wake County Clerk of Superior Court. This affidavit officially establishes the lien on the tenant's stored items and initiates the legal process of sale. 3. Notice of Sale: Once the Lien Affidavit has been filed, the storage facility is required to issue a Notice of Sale to inform the tenant of the impending sale. This notice typically includes important details such as the date, time, and location of the sale, as well as a comprehensive list of the items to be sold. The notice is usually sent by certified mail and also posted at prominent places within the facility. 4. Public Auction: After issuing the Notice of Sale, the storage facility conducts a public auction to sell the contents of the delinquent unit. Potential buyers are invited to participate, and the highest bidder will acquire the items, thus satisfying the outstanding debt owed by the tenant. It's important to note that the proceeds from the sale are first used to cover the auction expenses, outstanding rental fees, and any other relevant charges before any remaining funds are returned to the tenant. In summary, a Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility is a vital legal document that outlines the process by which a self-storage facility in Wake, North Carolina can sell the belongings of a tenant who has failed to meet their rental payment obligations. By adhering to the legal requirements of issuing various notices and conducting a public auction, storage facilities aim to recover the debt owed to them while providing a fair opportunity for tenants to settle their outstanding balances.A Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility is an official document issued by a self-service storage facility in Wake, North Carolina, in order to notify tenants of an upcoming sale of their stored items. This document indicates that the tenant has failed to make payments for the leased storage unit and therefore, the storage facility is taking legal action to recoup the debt by selling the contents of the unit. Keyword: Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility In Wake, North Carolina, there are different types of notices of sale to satisfy the lien of a self-service storage facility that can be issued depending on the specific circumstances. Some of these include: 1. Pre-open Notice: Before initiating the process of selling the items stored in a unit, the storage facility typically sends a Pre-open Notice to the tenant as a reminder of the outstanding balance and impending legal action. This notice serves as a final opportunity for the tenant to settle the debt before the sale process is initiated. 2. Lien Affidavit: If the tenant fails to respond or settle the debt even after receiving the Pre-open Notice, the storage facility proceeds by filing a Lien Affidavit with the Wake County Clerk of Superior Court. This affidavit officially establishes the lien on the tenant's stored items and initiates the legal process of sale. 3. Notice of Sale: Once the Lien Affidavit has been filed, the storage facility is required to issue a Notice of Sale to inform the tenant of the impending sale. This notice typically includes important details such as the date, time, and location of the sale, as well as a comprehensive list of the items to be sold. The notice is usually sent by certified mail and also posted at prominent places within the facility. 4. Public Auction: After issuing the Notice of Sale, the storage facility conducts a public auction to sell the contents of the delinquent unit. Potential buyers are invited to participate, and the highest bidder will acquire the items, thus satisfying the outstanding debt owed by the tenant. It's important to note that the proceeds from the sale are first used to cover the auction expenses, outstanding rental fees, and any other relevant charges before any remaining funds are returned to the tenant. In summary, a Wake North Carolina Notice of Sale to Satisfy Lien of Self-Service Storage Facility is a vital legal document that outlines the process by which a self-storage facility in Wake, North Carolina can sell the belongings of a tenant who has failed to meet their rental payment obligations. By adhering to the legal requirements of issuing various notices and conducting a public auction, storage facilities aim to recover the debt owed to them while providing a fair opportunity for tenants to settle their outstanding balances.
