Inside Self-Storage is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

California Assembly Endorses Improvements to Self-Storage Lien Statute

Article-California Assembly Endorses Improvements to Self-Storage Lien Statute

A bill that will greatly improve the lien rights of self-storage operators in California passed the General Assembly in a unanimous vote last Thursday.

A bill that will greatly improve the lien rights of self-storage operators in California passed the General Assembly in a unanimous vote last Thursday. The bill now heads to the Senate, where it will be reviewed by policy committees. Hearings may be held in June or July.
 
The California Self Storage Association and the national Self Storage Association introduced the bill in April to amend the state’s self-storage lien statute. The bill proposes to eliminate the existing Declaration of Opposition Provision; amend the statute language to increase the maximum for late fees to $20 or 20 percent; change the notice of lien requirement to a certificate of mailing; and eliminate the newspaper advertising requirement. The CSSA says these changes would save the average California self-storage operation $1,500 per year.

Related Articles:

Self Storage Association of Michigan Attempts Lien-Law Renovation

CA Lien Law and the Sending of Notices [Self-Storage Talk]

Vermont Self-Storage Operators Celebrate New Lien Law

How to Conduct a Lien Sale : The key questions you want to answer ...

Avoiding A Wrongful Sale : Keeping current on lien laws

Lien on Me