Abu Dhabi Storage Blog provides information and tips on storage and moving services

May 11, 2016

What Are Storage Auctions And Storage Rental Periods?

Economists often advise on knowing the instrument you are going to invest in completely before investing. Similarly, investing in storage also requires you to know everything about storage so that you can make a sound decision and not get surprised on discovering facts later. In this blog, you will learn about the storage rental periods and storage auctions.

What are storage rental periods and how are they determined?

Storage facilities, most of them, require you to leave your items at least for a month at their storage facility or pay the amount equivalent to a month’s lease. You can store your things in the storage unit starting from one month which can go up to two months, a year and any time frame beyond the minimum requirement of one month. They are determined as per the item you are planning to store. For instance, people store their valuable paintings in climate control storage units for years to prevent any decay due to hot and humidity, rains, or moulds and mildews. You storage manager will help you to determine the storage time you should allocate for particular items.

What does self storage auction refer to?

Storage companies arrange for storage auctions when the owner fails to pay the rent for his stored goods and abandons the same. In this way, the storage company recovers its costs and unpaid rent. They even allow renters to auction off their goods to pay their bills.

If you are looking for implicit and affordable storage and moving solutions, contact our team of Movers & Packers In Abu Dhabi now!

Image source: https://www.sparefoot.com/self-storage/blog/wp-content/uploads/sites/2/2014/12/storage-auction-buyers.jpg

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