Legal Advertisement of Storage Lien Sale
A short posting in a local newspaper that outlines the details of the upcoming sale. The advertisement is designed to comply with provincial requirements before a sale can legally take place.
Whose it for?
- Storage Facilities
- Tow Yards
- Marinas
When is an Advertisement of Sale used?
Depending on your province the advertisement has to be posted between two weeks and one month before the sale can take place. Storers also must have complied with their province’s notice of intention to sell requirements before the advertisement can be posted.
Why is an Advertisement of Sale used?
Though it may not be the most effective or cost-friendly way, posting advertisements in a local newspaper is required by law before a sale can take place. Storers may (and should) also advertise online if possible.
Which newspapers are acceptable for the ad?
Specific publications are not mentioned by law, 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.
What does it look like?
Your advertisement will vary based on your entries
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