The bill amends the Self-Service Storage Facility Act to clarify and update various provisions regarding the rights and responsibilities of owners and tenants of self-service storage facilities. Key changes include the modification of lien language, where the term "upon" is replaced with "on," and the specification that the lien attaches either when personal property arrives at the facility or when a rental agreement is signed, whichever occurs first. Additionally, the bill introduces a requirement for owners to provide written notice to tenants regarding the consequences of payment defaults, including potential property sales, and mandates that rental agreements may now be delivered and accepted electronically.

Further amendments include the establishment of a maximum value limit for stored property, which must be considered for all purposes, and the adjustment of late fees, which are now defined as "reasonable" rather than "charges." The bill also outlines the conditions under which a tenant is considered to have accepted a rental agreement without a signature and specifies the process for terminating a rental agreement, including a minimum notice period of 15 days for tenants to remove their property. Lastly, it grants owners the authority to dispose of any personal property left in the storage unit after the notice period has expired.

Statutes affected:
House Introduced Bill: 570.523