Common use of Owner’s Lien Clause in Contracts

Owner’s Lien. Pursuant to the Indiana Self-Service Storage Act, § IC 26-3-8 et seq., the Owner of a self storage Facility has a lien on all Personal Property present in the self-service storage Facility for: (1) rent, labor, or other charges that accrue in connection with the Personal Property under the Rental Agreement; (2) expenses necessary for the preservation of the Personal Property; and (3) expenses reasonably incurred in the sale or other disposition of the Personal Property. The lien attaches upon storage of the Personal Property.

Appears in 7 contracts

Samples: Monthly Rental Agreement, Rental Agreement, Monthly Rental Agreement

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