In self-storage, as in other commercial lease arrangements, there are essentially two types of tenant defaults: monetary or the failure to pay rent in full and on time, and non-monetary or the breach of the terms and conditions of the lease agreement other than relating to the payment of rent. When there is a monetary […]
As everyone in the industry knows, self-storage is regulated by state laws, so what is required in one state may not be required in a neighboring state. However, there are still similarities between state laws, and every few years we see nationwide trends in proposed changes to state self-storage laws. Some years back, many states […]