Answer: The definitive answer to this question depends on your lien sale statute; i.e., it depends on the state in which your facility is located. Most lien sale statutes discuss the concept of “sale.” Some state’s statutes give light treatment to that concept by merely mentioning in the lien right section of the statute that you have to send out a notice disclosing that, if the lien is not paid, the property maybe sold. Other state statutes go into much greater detail regarding the requirements of a sale, right down to setting days of the week on which you may not conduct a lien sale.
]]>From The MSM Archives: Do-It-Yourself Auctions? By Jeffrey Greenberger
More Content
Popular Posts
The REITs new pricing strategy – lowering...
The self storage industry is in a precarious...
With the approval of both companies’...
Recent Posts
Helen Keller is quoted as saying, “Alone we...
With a retro flare and lighting reminiscent...
It’s often been said that “opportunity is...
There’s a saying in Florida that there are...
The landscape of the self-storage industry...
Last January, the prime interest rate was...
Many of us are seeking ways to bring in new...
Navigating the world of self-storage...
Embracing eco-friendly practices for...