September 1, 2011 11:05 AM
This year, Tennessee, Nevada, California, and Illinois passed legislation that impacted storage facility owners. The legislation addresses lien notices, sale of property, guidelines for issues involving late fees, and enforcement procedures.
The new legislation in Tennessee went into effect on July 1, 2011. Dee Sharp, Tennessee Self Storage Association President, said, "The passing of this bill is a significant milestone for our industry because it gives parameters that level the playing field among competitors and protects consumers' interests." [More]