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 stored in these spaces, including the ability 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, detailing the required content of the notice, including the reason for the notice, an itemized statement of the owner's claim, and a demand for payment or removal of the property within a specified timeframe.

Additionally, the bill modifies the liability threshold for storage facility owners, specifying that their liability is limited to the balance of the proceeds from the sale of the property after satisfying their lien. It also clarifies that any limits on the value of stored personal property must be clearly stated in the rental agreement and cannot be less than one thousand dollars. Furthermore, it ensures that occupants can still claim damages for loss or destruction of their property due to willful or wanton misconduct by the owner, replacing the previous standard of negligence. The existing sections 5322.03 and 5322.06 are repealed to accommodate these changes.

Statutes affected:
As Introduced: 5322.03, 5322.06