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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
2 Comments
Lynn Sykes on Thursday 09/28/2017 at 03:12 PM
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 11:10 AM
Like Lynn we also itemize. We charge:
$75 Lien Fee
$25 Cut Lock Fee
10 UCC Fee