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09/27/2017

What is the max lien fee that can be charged in NC

Pee Wee Self Storage - Ricky Waters

What is the max lien fee that can be charged in NC

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2 Comments

Lynn Sykes on Thursday 09/28/2017 at 03:12PM wrote:

The NC self storage act ( lien law ) is silent on fees outside of the late fee for rent that is paid late. With that said, the lien fee that a property charges must be spelled out in the rental agreement.


We prefer an itemized fee structure That is charged when the event occurs versus a lump sum one time fee. Fees charged should be high enough to motivate customers to pay sooner than later but not so high that they are considered exorbitant.

Example:

Lien Letter sent $50
Cut lock fee $35
Lien Advertising Fee $50 ( charged if their unit is in the newspaper ad)

Hopes that helps!




Kevin Leebrick on Monday 10/02/2017 at 11:10AM wrote:

Like Lynn we also itemize. We charge:
$75 Lien Fee
$25 Cut Lock Fee
10 UCC Fee

Disclaimer: The opinions expressed in the comments shown above are those of the individual comment authors and do not reflect the opinions of this organization.