Navigating the complicated maze of self-storage legal issues confounds many self-storage managers and owners. With laws and regulations in constant flux, keeping up-to-date with the legal issues surrounding a self-storage business is paramount to its survival. Today’s self-storage managers and owners must deal with a number of legal challenges including lien sales and auctions, abandonment of goods and documents, changes in state legislation, tenant bankruptcy or death, collections, rental agreement validity, protection of tenant information, and the storage of boats, RVs and other vehicles. Operators must understand the lien-sale process and execute it correctly every time to avoid exposure to litigation. Self-storage associations are continually challenging dated city and state laws regarding lien sales, the notification process and other legal concerns to strengthen operator rights.
Get in Great Economic Shape at the ISS Expo!
The Inside Self-Storage World Expo hits the East Coast this fall with a powerful educational program that puts your business needs first. The Washington, D.C., event not only provides 27 educational seminars and five premier networking events, it offers four intensive ...More
Great Lakes Self Storage Expo Sees Surprising Jump in Attendance
The Great Lakes Self Storage Expo, which took place last week in Lisle, Ill., saw an unexpected increase in attendance over last year’s event, in spite of (or perhaps in light of) a depressed economy. ...More
Legal Learning Live Highlights Self-Storage Lien Sales, Abandonment and More
The operation of a self-storage facility involves legal risk pertaining to customers’ personally identifiable information and stored goods. Facility owners and managers who want to ensure they’re covering their legal bases can get the critical information they need during ...More
Self-Storage Operators Motivated to Wheel and Deal With Customers
With consumers suffering from layoffs and foreclosures, self-storage operators in St. Louis and nationwide are doing whatever they can to keep units full and paid, including being flexible and making concessions. ...More
Congress Passes Credit Card Legislation
The U.S. Senate and House have passed historic credit card legislation. The bill, which contains sweeping new rules for the credit card industry, has been sent to President Barack Obama. The House voted 361-64 for the bill on Wednesday. The Senate had ...More
Senate Passes Bill Restricting Credit Card Practices
The Senate voted 90-5 Tuesday to rein in credit card increases and excessive fees. The House may also pass a measure Wednesday, putting the bill before President Obama by week's end. ...More
Legislative Improvements for AZ Self-Storage Pass House
A bill that will improve the lien statute governing self-storage in Arizona has passed the House of Representatives. ...More
Free Webinar Focuses on Self-Storage Properties in Financial Distress
The changes in the way financial institutions lend on commercial projects combined with the drop in value of many self-storage properties is causing some facility owners to be upside down in their loans. Those with a note coming due in the near future can learn about their ...More
Registration Opens for Inside Self-Storage World Expo, Washington, D.C.
Registration is officially open for the Inside Self-Storage World Expo in Washington, D.C., Oct. 5-8. ...More
Business Tenants Dropping Self-Storage Units
Hit hard by the economy, many self-storage business tenants have fallen behind on rent. The self-storage industry has seen fewer business tenants who can afford to rent a storage unit. These type of tenants often stored equipment, furniture and inventory. ...More