Oregon Updates Lein Sales Law, Nevada Introduces New One

Posted by MSM on Jun 12, 2025 4:45:00 PM

The Self Storage Association (SSA) reports that Oregon Governor Tina Kotek signed Senate Bill 433 (SB 433) into law on May 28. This bill, which goes into effect on January 1, 2026, states that Oregon self-storage operators only have to advertise lien sales in a newspaper is the value of a unit's content is estimated to be over $1000 (this ups it from the current $300). The bill also allows operators to advertise these sales on an online-auction platform, allowing them to bypass costly advertisements for low-valued units.

The SSA also reports that Nevada legislature has introduced Assembly Bill 137. This bill would completely abolish the newspaper ad requirement, allowing operators to publish their auction notices online through a newspaper website, a social media platform, or a self-storage auction site.