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NV AB137

NV AB137
Revises requirements for the advertising of a sale of personal property to satisfy the lien of an owner of a facility for storage. (BDR 9-183)


summary

Introduced
02/04/2025
In Committee
05/21/2025
Crossed Over
04/18/2025
Passed
06/03/2025
Dead
Signed/Enacted/Adopted
06/03/2025

Introduced Session

Potential new amendment
83rd Legislature (2025)

Bill Summary

AN ACT relating to liens; revising certain requirements for the advertising of a sale of personal property to satisfy the lien of an owner of a facility for storage; and providing other matters properly relating thereto.

AI Summary

This bill modifies the existing Nevada law (NRS 108.477) regarding how storage facility owners can advertise and sell personal property to satisfy an unpaid storage lien. Currently, owners must advertise the sale twice in consecutive weeks in a local newspaper; the proposed bill changes this to require only one advertisement in the week immediately preceding the sale. The bill also provides a new alternative for advertisement in judicial districts without a local newspaper: instead of posting physical notices in six conspicuous places, owners can now post the sale advertisement on a publicly accessible internet website. Additionally, the bill eliminates the requirement that the advertisement include a general description of the personal property being sold, simplifying the advertising process. The core purpose remains the same: to provide a legal mechanism for storage facility owners to recover unpaid rent or charges by selling an occupant's stored personal property after providing appropriate notice. The bill maintains existing protections for occupants, such as the requirement to conduct the sale in a commercially reasonable manner and to retain excess proceeds for the occupant for up to one year.

Committee Categories

Justice

Sponsors (2)

Last Action

Chapter 230. (Effective October 1, 2025) (on 06/03/2025)

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