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Maryland Code, Commercial Law § 18-503

Current as of January 01, 2025 | Updated by Findlaw Staff

(a) The operator of a self-service storage facility has a lien on all personal property stored within each leased space for rent, labor, or other charges, and for expenses reasonably incurred in its sale, as provided in this subtitle.

(b) The rental agreement shall contain a statement, in bold type, advising the occupant:

(1) Of the existence of the lien;

(2) That personal property stored in the leased space may be sold to satisfy the lien if the occupant is in default;

(3) That personal property stored in the leased space may be towed or removed from the self-service storage facility if:

(i) The personal property is a motor vehicle or watercraft; and

(ii) The occupant is in default for more than 60 days; and

(4) That a sale of personal property stored in the leased space to satisfy the lien if the occupant is in default shall be advertised:

(i) In a newspaper of general circulation in the jurisdiction where the sale is to be held;

(ii) By electronic mail; or

(iii) On an online website.

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Cite this article: FindLaw.com - Maryland Code, Commercial Law § 18-503 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-18-503/

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