The bill amends sections 5322.03 and 5322.06 of the Revised Code to grant owners of self-service storage facilities the authority to dispose of property in expired storage spaces. It introduces new provisions that allow facility owners to enforce their lien on personal property that has become due, as well as to remove and dispose of such property if the rental agreement has been terminated or expired. The bill outlines the notification process for individuals with an interest in the property, including the requirement for detailed notices that specify the reasons for the notice, the amount due, and the consequences of non-compliance, such as the potential sale of the property.

Additionally, the bill modifies the liability threshold for storage facility owners, specifying that their liability is limited to the balance of the sale proceeds after satisfying their lien. It replaces the term "negligence" with "willful or wanton misconduct" in relation to the owner's liability for damages resulting from the loss or destruction of stored property. The bill also repeals existing sections 5322.03 and 5322.06, effectively replacing them with the newly amended language.

Statutes affected:
As Introduced: 5322.03, 5322.06