What is a Legal Advertisement of Sale?
Each province’s storage lien Act requires for an upcoming sale to be advertised in a newspaper that circulates in the region where the sale will be taking place. The advertisement outlines the items being sold, the time and place of the sale, and the person who is responsible for the storage debt.
Why should a Legal Advertisement of Sale be posted?
Though it may not seem like the most effective method of advertising a sale in this day and age, the law is very clear in requiring the advertisement to be posted exactly as outlined. Many storers choose to also post additional advertisements using more modern methods such as online classifieds etc. to make sure that word of the sale gets out.
When should a Legal Advertisement of Sale be posted?
In most cases, the advertisement cannot be posted until the notice period referenced in the previously issued Notice of Intention to Sell has expired. Check the regulations of your province for exact details on how and when the advertisement must be posted. Further details can be found in our Advertisement of Sale form.
Where should a Legal Advertisement of Sale be posted?
Specific publications are not referenced in the provincial Acts, however, the newspaper must circulate in the area where the sale will take place. Storers should try to find a balance between cost and reach when choosing the right publication for you.
How many times should the advertisement be posted?
The number of times and the period over which the advertisements must be posted vary from province to province. In most cases, the advertisement has to be posted once per week over a two week period before a sale can take place, however, check the details of your province’s Act to make sure that your advertisements are valid.
Where can you find out more?
Further details on legal advertisements of sale can be found by clicking the respective act of your province below:
Alberta’s Warehousemen’s Lien Act
British Columbia’s Warehouse Lien Act
Saskatchewan’s Commercial Liens Act
Manitoba’s Warehousemen’s Lien Act
Ontario’s Repair and Storage Liens Act
Newfoundland’s Warehouser’s Lien Act
New Brunswick’s Storer’s Lien Act
Nova Scotia’s Storage Warehouse Keepers Act
Prince Edward Island’s Warehousemen’s Lien Act
Northwest Territories’ Warehouse Keepers Lien Act
