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Consider Protection
Homeowner's or renter's insurance often has high deductibles and may not fully cover items in storage. Our plans offer specific, affordable coverage for your stored goods.
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Lienholder Information
Understanding Liens in Self-Storage
A **Lien** is a legal claim against property used as security for a debt. Knowing about existing liens helps us comply with legal requirements and protect all parties in case of default.
1. What is a Lien?
A lien is a **legal right** that a creditor (the lienholder) has over your property until a debt is paid. It gives the lienholder the right to have that property sold to satisfy the debt if the borrower defaults on payments.
2. How Liens Affect Your Stored Property
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Our Storage Lien (Operator's Lien):
By law, we automatically have a lien on all property stored in the unit. If you default on your rent, this lien grants us the right to take possession of and sell the property to cover the past-due balance and sale costs.
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Existing Third-Party Lienholders:
If the property you are storing is used as **collateral** for another loan (e.g., a financed boat, car, or equipment), that lender is a Third-Party Lienholder. We need their information to notify them in case of default, as their claim may be **senior** (have priority) over our storage lien.
3. Why This Information is Important
Providing accurate information ensures we follow all legal requirements regarding possession and sale of stored property. It establishes the correct legal **priority** of claims, protecting all parties involved in the rental agreement.
Final Booking Summary
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