Changes in Self Storage Lien Sale Notifications
Take Effect January 1, 2024
Due to the legislative efforts of the California Self Storage Association (CSSA) and the Self Storage Association (SSA), AB542 (Carrillo) was passed and signed, providing three important reforms to the advertising requirement in California Business & Professions Code 21707:
- First, the bill cuts in half the number of required newspaper advertisements from two to one, provided that the operator also advertises the sale online. If the operator does not advertise online, the operator must still have two advertisements published in the newspaper.
- Second, AB542 allows operators to advertise sales in a newspaper of general circulation either in the public notice district or county where the storage facility is located. Prior law required the advertisement to be placed in a newspaper of general circulation in the public notice district. This change provides more options for operators, particularly those in a public notice district with only one newspaper.
- Third, the bill eliminates the outdated requirement to describe the goods because most sales occur online where potential bidders can readily see photos of the items for sale.
THESE CHANGES TAKE EFFECT JANUARY 1, 2024
The SSA and CSSA wish to extend their thanks to bill sponsor Assemblymember Juan Carrillo (D-Palmdale), his staff, and the associations’ Sacramento-based lobbyist Naomi Padron of MKP Government Relations for their assistance in the passage of AB542.