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MN HF3380

Bill

Status

Passed

5/29/2018

Primary Sponsor

Peggy Scott

Click for details

Origin

House of Representatives

90th Legislature 2017-2018

AI Summary

  • Expands the definition of "owner" to include operators, lessors, and sublessors of self-service storage facilities, as well as agents or persons authorized to manage the facility or receive rent from occupants.

  • Defines "rental agreement" as a written agreement between owner and occupant that establishes or modifies the terms and conditions of storage space use at a self-service storage facility.

  • Requires a 45-day waiting period after default before personal property may be sold, or 60 days if the property is a motor vehicle or watercraft.

  • Mandates sale advertisements be published weekly for two consecutive weeks in a newspaper, with sales occurring at least 15 days after first publication, or posted on a public website if no qualified newspaper is available.

  • Permits property sales to be conducted via online auction or in-person at the storage facility, requires all bidders to register and agree to sale rules, and mandates sales be conducted in a commercially reasonable manner.

Legislative Description

Owner and rental agreement definitions amended, and property sale requirements for self-service storage facilities clarified.

Last Action

Secretary of State Chapter 191

5/29/2018

Committee Referrals

Rules and Administration5/14/2018
Commerce and Regulatory Reform3/19/2018
Civil Law and Data Practices Policy3/5/2018

Full Bill Text

No bill text available