The bill amends the Self-Service Storage Lien Act to establish clearer guidelines regarding rental agreements and the enforcement of liens on stored personal property. It specifies that the maximum value of stored personal property in rental agreements is deemed to be the maximum value allowed, and it allows owners to impose late fees for rental payments in default, capped at $20 per month. Additionally, the bill introduces a requirement for rental agreements to include a notice about the potential sale or disposal of stored items if the occupant defaults, as well as a provision for occupants to designate an alternative contact to receive notices related to lien enforcement.

Furthermore, the bill modifies the timeline for lien enforcement actions, reducing the period of continuous default from ninety days to forty-five days before an owner can take action to sell the property. It also mandates that owners provide notice to both the occupant and any designated alternative contact regarding the intent to enforce a lien. The amendments aim to enhance communication between storage facility owners and occupants while streamlining the process for handling defaults and lien enforcement.

Statutes affected:
introduced version: 48-11-3, 48-11-5, 48-11-7, 48-11-8
JU substitute: 48-11-3, 48-11-5, 48-11-7, 48-11-8