North Carolina General Statutes 44A-44. Right of redemption; good faith purchaser’s right; disposition of proceeds; lienor’s liability
(a) Before the sale authorized by N.C. Gen. Stat. § 44A-43, or other disposition of the property, the occupant may pay the amount necessary to satisfy the lien plus the reasonable expenses incurred by the owner for the preservation of the property and thereby redeem the property. Upon receipt of such payment, the owner shall return the personal property to the occupant; and thereafter shall have no further claim against such personal property on account of the lien which was asserted. The partial payment of rent or other charges shall not satisfy the lien or stop or delay the owner’s right to sell the occupant’s property unless the owner agrees to satisfaction or a stop or delay in a writing signed by the owner.
(b) A purchaser in good faith, and without knowledge of any defect in the sale of the personal property sold to satisfy a lien provided for in this Article takes the property free of any rights of persons against whom the lien was valid.
(c) Proceeds of a sale under this section shall be applied as follows:
(1) Payment of reasonable expenses incurred in connection with the sale;
Terms Used In North Carolina General Statutes 44A-44
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Lienor: means any person entitled to a lien under this Article. See North Carolina General Statutes 44A-40
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Occupant: means a person, his sublessee, successor, or assign, entitled to the use of the storage space at a self-service storage facility under a rental agreement, to the exclusion of others. See North Carolina General Statutes 44A-40
- Owner: means the owner, operator, lessor, or sublessor of a self-service storage facility, his agent, or any other person authorized by him to manage the facility or to receive rent from an occupant under a rental agreement. See North Carolina General Statutes 44A-40
- Personal property: All property that is not real property.
- Personal property: means movable property not affixed to land and includes, but is not limited to, goods, merchandise, household items, and watercraft. See North Carolina General Statutes 44A-40
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Self-service storage facility: means any real property designed and used for the purpose of renting or leasing individual storage space to occupants who are to have access to such for the purpose of storing and removing personal property. See North Carolina General Statutes 44A-40
(2) Payment of the obligation secured by any security interest that was perfected at the time the occupant stored the property at the self-service storage facility;
(3) Payment of the obligation secured by the self-service storage facility lien;
(4) Any balance shall be paid to the occupant or other person lawfully entitled thereto; but if such person cannot be found, the balance shall be paid to the clerk of superior court of the county in which the sale took place, to be held by the clerk for the person entitled thereto.
(d) If the lienor fails to comply substantially with any of the provisions of this section, he shall be liable to the occupant or any other party injured by such noncompliance in the sum of one hundred dollars ($100.00), together with reasonable attorney’s fees as awarded by the court. Damages provided by this section shall be in addition to actual damages to which any party is otherwise entitled. (1981 (Reg. Sess., 1982), c. 1275, s. 1; 2009-201, s. 1.)