Georgia Governor Signs New Self-Storage Lien Law

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Georgia Gov. Nathan Deal signed into law an amended self-storage lien-law bill on May 6 that updates the state’s lien-auction procedures. The legislation (Senate Bill 61) includes the allowance of default notifications sent by e-mail, public advertisements of a lien auction in media other than a local newspaper and using online-auction websites to conduct a lien sale. The law also enables operators to place a value limit on stored property and to have stored vehicles towed after default exceeds 60 days.

Currently, self-storage operators in Georgia must publish auction notices once a week for two consecutive weeks in a newspaper of general circulation in the county where their facility is located. While the frequency of notices will remain the same under the law, the new provision removes the stipulation of using a newspaper to advertise the auction. An auction will be deemed “commercially reasonable” as long as “at least three independent bidders attend the sale at the time and place advertised,” according to the law’s new language.

All new updates to the law will go into effect on July 1.

The Georgia Self Storage Association and the national Self Storage Association (SSA) worked together for two years to gets lawmakers to update the lien law, SSA officials said. Georgia members Bob Baccus, Dan Curtis, Stacey Gorman, Paul Maney, Heath Mulkey, Jim Ostervold, Mark Shirey, George Snelling and Richard Williams were in attendance when Deal signed the bill.

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