The 2023 storage legal update - Gabfocus Episode 53

Описание: There's a lot to keep up with in storage, but the legal side can be the scariest. Lien laws, auctions, problem tenants? Luckily, our industry has many resources that you can utilize to help prepare your business for any legal challenges or pitfalls. Join your national and state associations, utilize the resources they offer, and attend their events to keep up to date on the latest legal changes and challenges. These associations have talented individuals who are working every day to help lift the legal burdens off the shoulders of owners and operators. Then take all this information and put it into practical action to protect your business! In this session, we reviewed the latest state legal updates and discussed the trickiest legal sticking points of storage.

Featured Speakers: Joe Doherty
Moderators: Tommy Nguyen & Melissa Huff

4:14 - Our expert discusses how you can access the Self Storage Association's Legal Reviews.
5:30 - Joe discussed changes and trends going across states and regions like certified mail, online auctions, and newspaper advertising.
7:15 - Joe discussed legal challenges that operators face, like lien laws, property taxes, and banning late fees.
13:50 - Our guest talked about lobbying efforts they are focused on, including finally eliminating newspaper ads and fighting property tax increases.
19:50 - Our expert started discussing which states have laws that are most friendly to self storage and also those that are least friendly.
23:45 - Joe talks about tough legal challenges facing the industry like rent control legislation.
31:10 - Our guest covers the most common legal pitfalls that operators encounter, like wrongful sales.
35:30 - Joe touches on common legal mistakes he sees operators making, like going cheap on their rental agreements.
38:40 - our guest gives his opinion on the smartest legal decisions he sees operators making and how industry associations help.
41:20 - Joe highlights some changes to look for in 2024, like two different bills they are fighting in Georgia and Florida.
43:50 - Our guest talks about the overall legal outlook for 2024 and what they are expecting.
47:30 - Joe discusses the importance of association membership (national and state), along with the legal benefits you receive.
50:40 - We started a live Q&A session with questions from the audience! Joe answered questions on building codes, auctions, deceased tenants, and more.
1:07:40 - Joe answers the question of the week!

Check out the blog post here: https://www.storagepug.com/resources/...

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Check out some of our favorite resources:

Self Storage Marketing Playbook - https://hubs.la/Q02YKbLd0
The Self Storage Dictionary - https://hubs.la/Q02YK8N-0
Self Storage SEO Guide - https://hubs.la/Q02YKb580
Beginners Guide to Self Storage Investing - https://hubs.la/Q02YJ5ft0
Google Business Playbook for Self Storage - https://hubs.la/Q02YKc4W0

Resource Library: https://www.storagepug.com/resources
Self Storage Blog: https://www.storagepug.com/blog