Owner’s Lien. Owner has a lien on the Vehicle and any Personal Property stored in the Rented Space for rent and other charges related to the Vehicle including expenses necessary to the preservation, removal, storage, preparation for sale, towing, and/or sale of the Vehicle. The Owner may satisfy the lien by selling the Vehicle or Personal Property as provided by the Indiana Self-Service Storage Facilities Act §704.90 if Renter defaults or fails to pay rent for the storage of the Vehicle or Personal Property abandoned after the termination of the Rental Agreement. Explanation: The Renter’s Personal Property may be sold to satisfy the lien if Renter is in default.
Appears in 6 contracts
Samples: Rental Agreement, Monthly Rental Agreement, Monthly Rental Agreement
