Instructor: Jeffrey Greenberger, partner, Katz, Greenberger & Norton LLP
Duration: 62 minutes
Self-Storage Legal Issues: Lien-Sale Procedures and Sale Rules
One of the stickiest areas of self-storage operation is the practice of lien sales, as it carries a tremendous amount of risk. Sales that do not follow the state statute to the letter or fail to adhere to the many critical steps involved put the self-storage operator in danger of facing a potential wrongful-sale lawsuit.
Recent court decisions have put the self-storage industry on notice that courts are not tolerant of operators' mistakes in wrongful sales. In light of this, there may be changes you should make to your lien-sale sale procedures and rules.
Taught by Jeffrey Greenberger, this course outlines a plan for facility operators preparing for a sale. You'll learn what that plan should include and common mistakes to avoid. You'll also get insight to creating sale rules and items that should be excluded from the sale.
NOTE: This course is part of a 12-piece curriculum that results in Qualified Storage Manager certification. The QSM Certification Program, administered through the Self-Storage Training Institute (SSTI), provides self-storage operators with affordable, convenient training in critical aspects of day-to-day facility management. Classes may be bought individually, however, certification can only be achieved by purchasing the complete 12-course package. With a savings of $145, the package provides maximum value! To purchase the QSM package, click HERE.