Arizona updates self-storage lien law Regarding Vehicle Towing
Arizona updated its self-storage lien law such that facility operators who discover a vehicle in a defaulted unit can remove it via a towing company rather than go through the complexities of selling it at auction. The addition to House Bill 2087 (HB2087) took effect yesterday, according to an Oct. 1 newsletter from the Arizona Self Storage Association (AZSSA) to its members.
The towing provision is applicable when a self-storage tenant is in default for more than 30 days and their property includes a vehicle, watercraft or trailer. The facility operator must send the customer a notice at least 10 days prior to towing, including the towing company’s name, address and phone number, while offering the renter a deadline to resolve the default. Once the property is removed, the operator is no longer liable to the tenant or any other claimant, the newsletter stated.
HB2087 passed in April by a bipartisan vote in the Arizona legislature following a collaboration between Triadvocates, AZSSA’s dedicated lobbyist, and the national Self Storage Association (SSA), who met with legislators to advocate for the revision.
More Content
Popular Posts
The self storage industry is in a precarious...
Joe Shoen, CEO of U-Haul, has had enough.
There are an estimated 700,000 hotels in the...
In a booming economy, expendable income...
National Storage Affiliates Trust (NSA), the...
The REITs new pricing strategy – lowering...
Boat and RV storage has morphed and...
The question of “abandonment” of stored...
Self-storage is not an industry that is...
It’s said that necessity is the mother of...
Recent Posts
Self-storage remains in the crosshairs of...
There are a few simple “secrets” to being a...
There are plenty of long-term investment...
Self-storage demand can feel like an...
This writing discusses the various systems...
Joe Shoen has had enough.
As a young man in the early 90s, Chad Coker...
Fort Worth, Texas, is known as “Where The...