Bill > HB668

This bill modifies the legal requirements for self-service storage facility operators when selling personal property of an occupant who is in default on their rental agreement. The bill maintains the existing lien rights of storage facility operators while updating the notice and sale procedures. Specifically, the bill requires operators to send two notices to the occupant: first, a 45-day notice of default sent by first-class or electronic mail, and second, a verified mail notice at least 10 days later that includes detailed information about the charges due and potential sale of property. The bill also updates advertisement requirements for the sale, now allowing for "commercially reasonable" methods beyond newspaper classified ads, such as ensuring at least three independent bidders attend or view the sale. For vehicles, watercraft, or trailers, operators can have the property towed after 60 days of unpaid rent. The bill preserves the occupant's right to redeem their property by paying the outstanding amount at any time before the sale, and stipulates that any sale proceeds beyond the lien amount must be held for the occupant for one year before being considered abandoned and turned over to the state treasurer.

Business and Industry

https://house.mo.gov/Bill.aspx?bill=HB668&year=2025&code=R