The bill amends the Texas Property Code to update the requirements for notice advertising the sale of property to enforce a self-service storage facility lien. Key changes include the addition of provisions that allow lessors to give notice in a commercially reasonable manner, which can include publishing the notice on a publicly accessible Internet website that regularly advertises auctions of personal property. The bill specifies that if there is no newspaper of general circulation in the county, lessors may post notices at the storage facility and five other conspicuous locations. Additionally, it establishes that notice is considered commercially reasonable if at least three independent bidders register for, view, or attend the sale.

The bill also modifies the timeline for when a lessor can sell the property after notice is given, stipulating that sales can occur 15 days after publication, 10 days after posting, or 10 days after notice is given in a commercially reasonable manner. The changes apply only to rental agreements entered into, extended, or renewed on or after the effective date of the Act, which is set for September 1, 2025.

Statutes affected:
Introduced: Property Code 59.042, Property Code 59.044 (Property Code 59)