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Improving Self Storage Lien Laws

March 08, 2010 12:22 PM | Melissa Huff (Administrator)

Bill Improving Self-Storage Lien Law Makes Progress in Wisconsin

03/01/2010

Wisconsin is one step closer to improving its self-storage lien law. Assembly Bill 707 made it through the Assembly Committee on Jobs, the Economy and Small Business without opposition last week. AB707 significantly improves self-storage lien-sale notification procedures, supports facility operators with a value-limitation measure, and limits exposure to litigation involving non-tenants. The measure also redefines what constitutes a reasonable auction sale as one that includes three or more bidders.
 
Lisa Chiappetta, member of the national Self-Storage Association’s board of directors, has been instrumental in promoting the legislation. Wisconsin is one of several states working to improve obsolete self-storage lien laws during the 2010 session.

Related Articles:

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Self-Storage Operators BEWARE: Wrongful-Sale Scam!

Michigan Self-Storage Operators Await Lien-Law Amendment
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