AK HB97

Creates a new lien framework specific to self-storage facilities, allowing facility owners to claim a storage lien on personal property for unpaid rent, labor, late fees, and other charges up to 120 days of accrued charges.

Establishes late fee caps at the greater of $20 or 20 percent of monthly rent, and requires rental agreements to include bold-type notices about storage liens and require renters to disclose other lienholders with interests in stored property.

Requires facility owners to provide two notices of default (initial notice and a second notice at least 10 days later) allowing renters at least 20 days to pay before property can be sold, with notice sent by hand delivery, email, certified mail, or USPS.

Authorizes facility owners to deny access, relocate property, and tow or remove vehicles and watercraft after 10 days of continuous default, and permits public sale or online auction of property if the renter fails to cure the default.

Makes storage lien junior to vehicle liens under AS 28.10.371-28.10.401 but senior to most other liens except pre-existing tax and security interests; exempts self-storage facilities from unclaimed property and certain vehicle lien laws; applies only to rental agreements entered after the effective date.