When Can a Storage Unit Be Auctioned Off After Non-Payment?
Storage units serve as a safe haven for those who need additional space temporarily or for long-term solutions. However, what happens when the rent is no longer being paid? In this guide, we explore the timeline for when a storage unit can be auctioned off and the specific details you need to know.
Understanding the Timeline
While you can continue to store your items indefinitely as long as the rent is being paid, non-payment can lead to the storage unit being sold. In most cases, the process to auction off an abandoned storage unit begins after several months without a payment. Typically, the unit will be auctioned off within 3 to 4 months of the last payment.
However, the exact timeline for when a storage unit can be auctioned off varies by state and storage facility policy. Customarily, the period without payment can range from 60 to 90 days before the unit is sold. Always check your rental agreement and local laws for specific details that may affect this timeline.
Special Considerations for Service Personnel
Some states have special laws in place for storage units belonging to service personnel who are deployed. These laws may extend the time frame for auctioning off the unit or provide additional protections for military families. Always be aware of these specific provisions to avoid any unexpected issues.
The Notification Process
The storage facility will typically begin the process of auctioning the unit after several missed payments. You will usually receive a letter stating that your payments are overdue and specifying a deadline to rectify the situation. If the amount is not paid in full by the given date, the contents of the unit may be auctioned off.
The deadline for auctioning off the unit often falls within a range of 30 to 90 days, but this can vary widely from state to state. If you find that you cannot pay the rent and are facing an upcoming auction, there are measures you can take to either prolong this period or even avoid an auction altogether.
Setting the Timeline for Clear Status
Once you have missed several payments, the process is typically set in motion. The most important step is to review the rental agreement and check local laws to have a clear understanding of the timeline. In most states, 90 days is commonly considered the cutoff point after which you are generally considered to have abandoned the unit.
Be aware that the notification process for upcoming auctions can vary. Facilities may send email, text, or phone calls, and it is essential to maintain open communication to avoid missing critical deadlines. State-specific agencies like the Indian Submarine Squadron (ISS) or state storage administrator (SSA) can provide guidance and support during this process.
Conclusion
Understanding the timeline for when a storage unit can be auctioned off is crucial for both tenants and storage facility managers. The process varies based on local laws, facility policies, and specific circumstances. By being informed and proactive, you can avoid the potential risks and costs associated with falling behind on storage unit payments.
For more detailed information, consulting the rental agreement and local laws is always recommended. If you are facing challenges with payment or have questions about the auction process, reaching out to the facility's management or relevant state agencies can provide the necessary support and guidance.