What happens to abandoned storage units?
You had a plan. You were going to rent the storage space for a few months until you had time to go through all of Gram-Gram’s precious lap blankets after you moved.
Fast-forward nine years. Your move was a success, and you love where you live.
Number of times you’ve visited the storage unit: Zip. Zilch. Nada.
Abandoned storage units
Hey, it happens. The truth is, people forget about their storage units. Or perhaps they stop paying. Or maybe they move away and never get their stuff. Which raises the question: What happens to your property when it’s left behind?
Two little words: It depends. Laws differ from state to state and county to county, but most seem to agree that the owner or manager of the storage facility has an obligation to let the renter know that the bill is no longer being paid in a timely manner.
There’s usually a grace period. That likely depends on the contract you signed. The storage facility manager will usually send out reminder letters and make a phone call. The manager may even take out an ad in the local paper if a renter is unreachable through normal channels.
Storage unit auctions
If the management of the storage facility makes a good-faith effort to reach the renter and is unable to make contact, then all bets are off and the contents of the storage space can be auctioned off to the public. These storage unit auctions are usually posted in state and local newspapers. Storage unit auctions differ from most auctions because storage unit auction bidders can only bid on the entire contents of the unit rather than a single item. There’s no set time frame: It could be right away, or it could be whenever the storage facility gets around to it. Read your contract carefully—it should be in the fine print.
One more thing: If you rent a storage locker and have the billing set to auto-pay, be sure to let the storage company know if your credit card number changes. If you don’t, you’ll be seen as delinquent and you may see Gram-Gram’s hand-crafted blankets wind up on “Storage Wars.”