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Session Laws, 1983
Volume 745, Page 2460   View pdf image
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2460 VETOES
TIME, PLACE, AND TERMS OF THE SALE IN A NEWSPAPER OF GENERAL
CIRCULATION IN THE JURISDICTION WHERE THE SALE IS TO BE HELD. (C)  AT ANY TIME BEFORE A SALE UNDER THIS SECTION, THE
OCCUPANT MAY PAY THE AMOUNT NECESSARY TO SATISFY THE LIEN AND
REDEEM THE OCCUPANT'S PERSONAL PROPERTY. (D)  THE SALE UNDER THIS SECTION SHALL BE HELD AT THE
SELF-SERVICE STORAGE FACILITY WHERE THE PERSONAL PROPERTY IS
STORED. (E)   IF A SALE IS HELD UNDER THIS SECTION, THE OPERATOR
SHALL: (1)   SATISFY THE LIEN FROM THE PROCEEDS OF THE SALE;
AND (2)  HOLD THE BALANCE, IF ANY, FOR DELIVERY ON DEMAND
TO THE OCCUPANT OR ANY OTHER RECORDED LIENHOLDERS. (F)  A PURCHASER IN GOOD FAITH OF ANY PERSONAL PROPERTY SOLD
UNDER THIS SUBTITLE TAKES THE PROPERTY FREE AND CLEAR OF ANY
RIGHTS OF: (1)  PERSONS AGAINST WHOM THE LIEN WAS VALID; AND (2)  OTHER LIENHOLDERS. (G)   IF THE OPERATOR COMPLIES WITH THE PROVISIONS OF THIS
SUBTITLE, THE OPERATOR'S LIABILITY: (1)  TO THE OCCUPANT SHALL BE LIMITED TO THE NET
PROCEEDS RECEIVED FROM THE SALE OF THE PERSONAL PROPERTY; AND (2)  TO OTHER LIENHOLDERS SHALL BE LIMITED TO THE NET
PROCEEDS RECEIVED FROM THE SALE OF ANY PERSONAL PROPERTY COVERED
BY THAT OTHER LIEN. (H) IF AN OCCUPANT IS IN DEFAULT, THE OPERATOR MAY DENY THE
OCCUPANT ACCESS TO THE LEASED SPACE. (I) (1) UNLESS OTHERWISE SPECIFICALLY PROVIDED, ALL NOTICES
REQUIRED BY THIS SUBTITLE SHALL BE SENT BY CERTIFIED MAIL, RETURN
RECEIPT REQUESTED. (2)  (I) NOTICES SENT TO THE OPERATOR SHALL BE SENT TO
THE SELF-SERVICE STORAGE FACILITY WHERE THE OCCUPANT'S PROPERTY
IS STORED. (II) NOTICES TO THE OCCUPANT SHALL BE SENT TO
THE OCCUPANT AT THE OCCUPANT'S LAST KNOWN ADDRESS. (3)  NOTICES SHALL BE DEEMED DELIVERED WHEN DEPOSITED
WITH THE UNITED STATES POSTAL SERVICE, PROPERLY ADDRESSED AS


 
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Session Laws, 1983
Volume 745, Page 2460   View pdf image
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