Common use of Owner’s Lien Clause in Contracts

Owner’s Lien. Owner may enforce the Owner’s Lien established by Colorado law, which enforcement may include removal of Occupant’s lock, in- spection and inventory of the property of Occupant in the Storage Space and by selling Occupant’s property stored in the Storage Space. Occupant shall be responsible for all costs associated with Owner’s enforcement of Owner’s Lien established by Colorado law, including reasonable attorneys’ fees, if applica- ble. Any sale shall be in compliance with C.R.S. Sec. 38-21.5-101, et seq. Net proceeds of the sale shall be paid to Owner in the following order: (1) first, to reimburse Owner for the costs of the sale, which costs shall include fees and costs for accessing the Storage Space, publication, auction, and a lien-sale fee assessed against the Occupant of $50.00, which fee shall help defray the costs to Owner of completion of the sale; and (2) second, to reimburse Owner for any amounts owed to Owner from Occupant for past due rents, and late fees. The date of any such sale shall terminate this RENTAL AGREEMENT. Such sale shall not release Occupant from amounts owed to Owner, but left uncollected after the sale.

Appears in 2 contracts

Samples: Rental Agreement, Rental Agreement

AutoNDA by SimpleDocs

Owner’s Lien. Owner may enforce the Owner’s Lien established by Colorado law, which enforcement may include removal of Occupant’s lock, in- spection inspection, and inventory of the property of Occupant in the Storage Space and by selling Occupant’s property stored in the Storage Space. Occupant shall be responsible for all costs associated with Owner’s enforcement of Owner’s Lien established by Colorado law, including reasonable attorneys’ fees, if applica- bleapplicable. Any sale shall be in compliance with C.R.S. Sec. 38-21.5-101, et seq. Net proceeds of the sale shall be paid to Owner in the following order: (1) first, to reimburse Owner for the costs of the sale, which costs shall include fees and costs for accessing the Storage Space, publication, auction, and a lien-sale fee assessed against the Occupant of $50.00100.00, which fee shall help defray the costs to Owner of completion of the sale; and (2) second, to reimburse Owner for any amounts owed to Owner from Occupant for past due rents, and late fees. The date of any such sale shall terminate this RENTAL AGREEMENT. Such sale shall not release Occupant from amounts owed to Owner, Owner but left uncollected after the sale.

Appears in 1 contract

Samples: royalministorage.us

AutoNDA by SimpleDocs

Owner’s Lien. Owner may enforce the Owner’s Lien established by Colorado law, which enforcement may include removal of Occupant’s lock, in- spection inspection and inventory of the property of Occupant in the Storage Space and Spaceand by selling Occupant’s property stored in the Storage Space. Occupant shall be responsible for all costs associated with Owner’s enforcement of Owner’s Lien established by Colorado law, including reasonable attorneys’ fees, if applica- bleapplicable. Any sale shall be in compliance with C.R.S. Sec. 38-21.5-21.5- 101, et seq. Net proceeds of the sale shall be paid to Owner in the following order: (1) first, to reimburse Owner for the costs of the sale, which costs shall include fees and costs for accessing the Storage Space, publication, auction, and a lien-sale fee assessed against the Occupant of $50.001,500.00, which fee shall help defray the costs to Owner of completion of the sale; and (2) second, to reimburse Owner for any amounts owed to Owner from Occupant for past due rents, and late fees. The date of any such sale shall terminate this RENTAL AGREEMENT. Such sale shall not release Occupant from amounts owed to Owner, but left uncollected after the sale.

Appears in 1 contract

Samples: Rental Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.