Guidance for Self-Storage Facilities
Storage Legal, LLC provides self-storage owners and managers effective counsel in the oversight of their self-storage assets. Our counsel provides a practical, business-oriented approach to meet clients' objectives for each aspect of running a self-storage facility including entity formation, drafting and enforcing the lease, enforcement of liens and legal claims, employee and security protocols, insurance sales and selection, collections, evictions and the auction process.
Our storage law lawyers work to strategically tailor a plan relevant to each client's ongoing business imperatives. These strategic plans often include related issues, including real estate purchases and acquisition, financing and equity participation arrangments, insurance and tax issues. In addition to providing legal support to the entity our storage attorneys are able to negotiate and provide guidance in these areas for our clients.
Storage Legal, LLC's storage law practice represents owners, landlords and property managers in structuring, drafting and negotiating a variety of leases, subleases and amendments. We have advised clients on the basic clauses and terms to be included in leases and what to avoid to lessen liability. We tailor lease terms to the specific type of self-storage business operation. Storage Legal, LLC is able to:
Storage Legal, LLC is hands-on from the moment a tenant breaches the lease, providing a life-line to navigate the lien process from rescinding tenant access to the premises to preparing the 'default notice' through the inventory process to the auction or lien sale. Storage Legal, LLC is able to:
Running a self-storage facility requires specialized insurance coverages which cover physical damage to business property, protection from liability, and interruptions to the self-storage business from fire, weather or vandalism. Our counsel has extensive experience in advising client owners and operators on selecting the appropriate insurance coverages for the type of self-storage business and location.
Self-storage lessees have an obligation to procure their own insurance policies to cover the value of their stored possessions should a destructive event occur.
Self-storage owners and operators may sell a lease compliant insurance plan as an added service benefit to lessees. Insurance services can be offered as part of a bundled program to build protection into the lease on every unit. Our range of experience in these insurance matters makes us particularly suited to offer both legal counsel and strategic insurance advice to your business.
Storage Legal, LLC is here to assist your self-storage entity when disaster strikes by preparing an action plan outlining the framework for emergency response; including the chain of command, evacuation protocol, lockdown plan, and communication between owners, lessees and response teams. Emergencies often create chaos, which is mitigated with a well-executed response plan and proper training. Our ability to prepare these plans to protect your self-storage facility works to avoid unnecessary risk and liability when the inevitable occurs.
Storage Legal, LLC optimizes self-storage facility operational efficiency by providing educational training and tools to employees. Employees must be able to effectively present and relay their knowledge and familiarity with the business to prospective and existing tenants. They should be able to communicate rent terms, hours of access, insurance requirements, required move-out notices, prohibited stored items, monetary limits of stored items and an overview of the lien process. We are able to offer on-site employee training to your business.
Disputes can arise in an infinite number of contexts. Issues that frequently arise include property damage or liability claims, theft claims, negligence claims, loss claims and claims for wrongful lien sales. We have experience regularly representing clients in court litigation and arbitration of contract disputes and other liability matters. We have handled breach-of-contract cases for consumer goods industry clients, and cases involving property damage and destruction. We have also represented consumers in arbitrations and before the Better Business Bureau in disputes over warranty and liability claims.
Copyright © 2020 Margaret E. Cooper, LLC and all affiliated companies - The Firm claims a copyright in all proprietary and copyrightable text, graphics and computer code on this web site, the overall design of this site, and the selection, arrangement and presentation of all materials on this site, including information in the public domain.