The bill amends section 5322.03 of the Revised Code and enacts a new section, 5322.07, to update the regulations surrounding self-service storage facilities in Ohio. Key modifications include the requirement for owners to notify all relevant parties about liens on personal property stored in these facilities. Specifically, the bill stipulates that notice must be sent to individuals with a known interest in the property, including those with liens on motor vehicles or watercraft. The notice must now be sent via electronic mail if the occupant has consented to this method, and if delivery cannot be confirmed, the owner is required to make reasonable efforts to locate the occupant's address or email. Additionally, the time frame for payment demand has been extended from ten days to ninety days.

Furthermore, the new section 5322.07 mandates that owners must inform all occupants of any change in ownership of the self-service storage facility. The bill also repeals the existing section 5322.03, consolidating the updated provisions into a more streamlined legal framework. Other notable changes include the owner's liability limitations and the procedures for the sale of unclaimed property, ensuring that owners can dispose of property in a manner deemed appropriate if it remains unsold after auction.

Statutes affected:
As Introduced: 5322.03