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Wednesday, December 12, 2018
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MINNESOTA LIEN LAW

Updated 10/24/2018

The Minnesota Self Storage Association, together with the national Self Storage Association, has achieved several legislative successes to protect and improve the business environment for self storage owners and operators in the state. Recent improvements to the state’s lien law include:

 

  • Permitting lien notices to be sent by verified mail (any method of mailing that provides evidence of mailing – e.g., USPS certificate of mailing).  This method provides a significant savings compared to certified mail.
  • Permitting lien notices to be sent by electronic mail, if the rental agreement contains the language required by Chapter 514.973, subd. 2(c) of the lien law. Additionally, the email must be sent by a method that provides a receipt of delivery.
  • Permitting the towing or sale of motor vehicles and watercrafts when rent is 75 or more days past due. The owner must send a notice providing the name, address, and telephone number for the towing company and the street address of the facility where the motor vehicle or watercraft may be redeemed. It is recommended that the owner send this notice prior to the towing. The owner has no liability for the motor vehicle or watercraft, or damages thereto, once the towing company takes possession.
  • Recognizing that limitations on the value of stored property are enforceable, provided that the limit is at least $1,000 and the limitation provision is printed in bold type or underlined in the rental agreement.
  • Expressly allowing online auctions.

 

Minnesota allows an owner of a self storage facility, or the owner's employees or agents, to offer or sell certain kinds of insurance in connection with and incidental to rental space. The owner and owner's employees and agents do not need to hold insurance licenses, provided that certain requirements are met. Click here for more details.

Minnesota Lien Law