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.
Public Storage Controversy in California Reignites Self Storage Insurance Debate
Public Storage is accused of misleading customers about insurance. A notable discussion is occurring on Self-Storage Talk, the official online forum of Inside Self-Storage, about which methods are best when it comes to tenants and insurance. ...More
Colorado Self Storage Association Aims to Update State Lien-Law Statute
The Colorado Self Storage Association, with financial support from the national Self Storage Association, is aiming to update the Colorado lien-law statute during the 2011 legislative session. ...More
N.J. Self-Storage Owner Wins Battle Over Fire-Hazard Fee
The owner of Storage Station in New Jersey has spent four years battling a Life Hazard Use Fee, and has finally won. ...More
Education and Event Program Unveiled for Inside Self-Storage Las Vegas Expo 2011
Details of the agenda and education program for the Inside Self-Storage World Expo in Las Vegas, March 14-16, have now been posted to the event website at www.insideselfstorageworldexpo.com. The self-storage industry’s largest conference and tradeshow will include more than ...More
Competing With Your Own State Goverment?
Many of our readers are following the sticky situation in Idaho, where the state has purchased a self-storage facility as an investment toward an education endowment fund. In addition to the concerns expressed by the national and Idaho Self Storage Associations, operators ...More
1099 Reporting Requirement: A New Compliance Problem for Self-Storage Operators?
The Form 1099 requirement could have two potentially negative impacts on your day-to-day self-storage operation. ...More
Delinquent Self-Storage Tenant Steals Back Car, What Next?
A delinquent self-storage tenant who is storing a couple of cars continually ignores collection attempts until, finally, he returns a call. Using plenty of profanity, he tells the facility manager to "do what you have to do" in regard to his vehicles, as the tenant has no ...More
Inside Self-Storage Releases 2011 Factbook: Industry Compendium of Info
Inside Self-Storage (ISS) has released its 2011 Factbook, a comprehensive collection of articles addressing the complete self-storage experience, from the initial stages of development and finance through the nitty gritty of facility operation. ...More
Amazing Spaces Self-Storage Owners File Malpractice Suit Against Former Law Firm
According to a case filed with the Harris County District Court on Nov. 5, Amazing Spaces, a Texas-based self-storage business with four facilities, is suing its former law firm for malpractice. The plaintiffs, Amazing Spaces founders Scott and Kathy Tautenhahn, allege one ...More
Self-Storage Now Qualifies for Small Business Administration Loans
Finding money to buy or build self-storage has been a challenge in recent years, but the U.S. Small Business Administration (SBA) is providing hope to independent owners and investors. Due to recent changes in the SBA’s loan guidelines for passive-income properties, ...More