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©2024 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 tag: ContractsReturn

The Economics of Loan Covenants in Self Storage Lending

Scott Zucker posted on 11/20/2018 5:12:00 PM

As busy as the self storage industry has been over the last five to seven years, not much has been written or discussed recently about the language of loan covenants for buying or building self storage facilities.

| Categories: Legal | View Count: (2329)

Is That Your Best Effort?

Carlos Kaslow posted on 1/29/2018 4:21:00 PM

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.

| Categories: Legal, Legislative / Regulatory | View Count: (3058)

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About SSA

The Self Storage Association (SSA) is a not-for-profit tax-exempt organization formed in 1975 under Section 501-c-6 of the Internal Revenue Code. For over 40 years, the Association has served as the official trade organization and voice of the U.S. and international self storage industry.