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Wednesday, November 13, 2019
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SSA Blog

©2019 by the Self Storage Association (SSA). SSA and SSA Magazine are trademarks of the Self Storage Association, Inc. Opinions expressed by authors and other contributors do not necessarily reflect those of the SSA, publisher or editors, nor do they represent the policy or positions of the SSA. Information contained within articles should not be construed as the primary basis for legal or investment decisions.

Archive by category: Legislative / RegulatoryReturn
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How Can I Reduce My Income Tax Liability To Acquire 33 Percent More Real Estate?
Engineering-based cost segregation is a tax process that enables commercial property owners to re-classify approximately 30-45% of their buildings from real property to personal property.
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| Categories: Operations, Legislative / Regulatory, Construction | View Count: (250)
Employee vs. Independent Contractor: Which Worker Classification is Proper
The Department of Labor (DOL) and the Internal Revenue Service (IRS) have factors that should be applied and analyzed to ensure a proper designation is made.
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| Categories: Legal, Operations, Legislative / Regulatory | View Count: (239)
Operators With New York Customers Must Prepare for New Data Security Requirements
New York recently passed a comprehensive overhaul of its data security and breach notification requirements called the Stop Hacks and Improve Electronic Data Security Act (the SHIELD Act).
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| Categories: Legal, Operations, Legislative / Regulatory | View Count: (355)
New Privacy Requirements Coming for California and Nevada Businesses
California and Nevada have both passed laws affecting consumers’ data privacy rights, which create affirmative compliance obligations for certain self storage owners, operators, and vendors.
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| Categories: Legal, Operations, Legislative / Regulatory, Cyber Security | View Count: (568)
Just Get it Out of Here! Towing Abandoned Vehicles
Do you have a delinquent and abandoned vehicle left to die at your facility? Having it towed instead of trying to sell it yourself is often the best option.
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| Categories: Legal, Operations, Legislative / Regulatory | View Count: (815)
Identifying Competing Storage Projects in the Pipeline
TALKING TO "THE MAN" Whether you are a self storage feasibility analyst or an individual researching your next project, we often need to contact local government to find out if there are any other self storage projects in the works. Because these agencies vary on a city level in both sophistication and responsiveness, this may prove to be a frustrating process. Here’s how to cut through the red tape.
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| Categories: Legal, Operations, Legislative / Regulatory, Construction | View Count: (1007)
California Supreme Court Rules Protection Plan Is Not Insurance
The California Supreme Court last week unanimously ruled that a protection plan is not insurance. The decision ended five years of litigation against A-1 Self Storage.
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| Categories: Legal, Legislative / Regulatory | View Count: (1106)
Your Late Fees May Not Be The Only Fees That Your State Regulates: Understanding Bank Charges Under State Law
A lot of attention has been generated recently regarding what “late fees” may be charged by self storage operators to their tenants based on state law requirements.
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| Categories: Legal, Legislative / Regulatory | View Count: (7045)
29

Is That Your Best Effort?

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Is That Your Best Effort?
Contracts of all varieties place an obligation on one or both parties to use their “best effort” or “commercially reasonable efforts” or some variation on the efforts theme to accomplish the goals of the contract.
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| Categories: Legal, Legislative / Regulatory | View Count: (1887)
Meal Breaks: Washington Supreme Court Places New Burden on Employers
Not all states require that employees who work more than a set number of hours to be given an unpaid meal break. In states that do require meal breaks litigation against employers is common.
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| Categories: Legal, Operations, Legislative / Regulatory | View Count: (2245)
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