How are late fees applied to self storage?

How are late fees applied to self storage?

In the eyes of your storage company, this fee is applied because of the extra work your non-payment causes the property manager. Every unit that is 15 days late must receive a postmarked official letter in the mail explaining the delinquency situation to the tenant and breaking down all the fees that add up to the total amount.

What to do if you don’t pay for storage unit?

Alternatives to auction might include setting up a payment plan, paying discounted rent or paying what you can now and agreeing to pay the rest later. It’s very likely that as part of the deal, you’ll be asked to move your belongings out immediately, so be prepared for that.

What happens if storage unit is 15 days late?

Every unit that is 15 days late must receive a postmarked official letter in the mail explaining the delinquency situation to the tenant and breaking down all the fees that add up to the total amount. This pre-lien letter also acts as one of the early warnings in the lien, and ultimately auction, process.

How long can you go without paying rent on a storage unit?

When you agreed to the terms in that document, you were made aware of the point of default on your storage unit. To put it simply, this is the maximum amount of days that you can go without paying rent before things start to get real. It’s usually about 30 days.

What happens if you make a late payment on a storage unit?

Should you make a late payment, an additional late-fee is placed on the payment. Late fees cannot be waived, and the full balance must be paid to avoid foreclosure. No partial payments are accepted.

How do I pay my storage unit fee?

The easiest and most convenient method to pay your monthly storage unit fee is through easy pay. You will need a credit card to take advantage of this service. What payment options are available? Extra Space Storage strives to make your storage experience as convenient as possible, including paying your bill.

In the eyes of your storage company, this fee is applied because of the extra work your non-payment causes the property manager. Every unit that is 15 days late must receive a postmarked official letter in the mail explaining the delinquency situation to the tenant and breaking down all the fees that add up to the total amount.

How do I pay for extra space storage?

Extra Space Storage strives to make your storage experience as convenient as possible, including paying your bill. Monthly payments can be made in-store, online, by phone (888-STORAGE), or by mailing us a check. In-store payments can be made with cash, check, or credit card.