Risk-Proofing Your Boat/RV-Storage Operation: Insurance and More
Before adding boat and RV storage to an existing or new facility, self-storage operators should determine their insurance exposures and other risks. ...More
August 12, 2009 Jenny Bortman
Posted in Articles,
Legal Issues
Evaluating Your Self-Storage Rental Agreement
When the economy weakens, it's not uncommon to see a rise in lawsuits filed against self-storage facilities. To protect their interests, owners and operators should review and update six areas of their rental agreement to fend off a variety of claims. ...More
March 1, 2009 Jeffrey J. Greenberger
Posted in Articles,
Legal Issues
The Legal Implications of 'FREE' in Self-Storage
Offering consumers anything free can cause self-storage businesses legal turmoil if any money is exchanged or fees are imposed. ...More
January 21, 2009 Jeffrey Greenberger
Posted in Articles,
Legal Issues,
Marketing
Self-Storage Terminology You Must Know: Business, Finance and Real Estate
We tend to toss around words that relate to the self-storage business—class-A property, cap rate, NOI—but not everyone may know what they mean. In addition, software applications may use different terms for the same calculation. Here is a Storage 101 review of ...More
November 8, 2008 Linnea Appleby
Posted in Articles,
Legal Issues
Requiring Credit or Debit Cards for Self-Storage Rentals
If I could offer you a product to substantially increase your ability to easily collect rents every month, with the potential for less “missing” money and mistakes, would you buy it? Ironically, it’s not for sale, and it may be something already in your ...More
July 9, 2008 Jeffrey Greenberger
Posted in Articles,
Legal Issues
The Importance of a Crystal-Clear Lease
The storage industry, particularly in densely populated areas, often uses hybrid rental agreements that give rise to legal issues and can be very costly to an owner. Ambiguous lease clauses can provide a predicate for a tenant’s overcharge claims, or defenses against an ...More
March 1, 2008 Melvyn B. Ruskin and Eric C. Rubenstein
Posted in Articles,
Legal Issues
Legal Perspectives: Cell Tower Leases and Your Self-Storage Facility, Part II
Many owners and operators have fallen in love with an unexpected source of revenue at their self-storage facilities: a cell tower. Once it’s up and running on your property, it may seem like easy street. Getting there, though, can be a different story. Assuming you can ...More
November 9, 2007 Jeffrey Greenberger
Posted in Articles,
Legal Issues,
Management
Legal Perspectives: Cell Tower Leases and Your Self-Storage Facility [Part I of II]
Many owners and operators have fallen in love with an unexpected source of revenue at their self-storage facilities: a cell tower. Once it’s up and running on your property, it may seem like easy street. Getting there, though, can be a different story. Assuming you can ...More
November 1, 2007 Jeffrey Greenberger
Posted in Articles,
Legal Issues,
Management
