Legislation initiated by the Tennessee Self Storage Association - SB 1293 (Southerland) and
HB 1265 Sargent) - passed through both the House and Senate and was signed into law by Governor Bill Haslam on April 29, 2011. The new law took effect on July1, 2011.
SB 543/HB 1073 was passed in the General Assembly and was signed into law effective July 1, 2020
Though auctions will still need to be advertised, the new law allows the storage facility owner to advertise any sale of a tenant's personal property in a commercially reasonable manner. The new law recognizes that public notice to drive bidders to a sale now occurs from online auction sites, social media and from the use of the storage facility mailing lists. Of course, newspaper advertising would still be permissible, but the new law update removes the mandate of the old law that required the use of newspaper advertising.
Attorney Scott Zucker has revised the TNSSA base lease agreement that he originally prepared in 2007 for TNSSA and its members to comply with the new law. Members can access the revised Base Lease Agreement under Premium Content. If you do not know your password but have access to your email you may select "Forgot Password” on the homepage to have a new password emailed to you.
Donations supporting TNSSA's legislative efforts may be made on line or by mailing your check to TNSSA-Legislative Fund 2817 West End Avenue, Suite 126-197, Nashville, TN 37203. This donation is not tax deductible.
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