Not at all. I will try to summarize the legislation as best as I can or as I see it. We( Managers/owners) will no longer have to use the expensive certified mail, return receipt requested for sending out lien documents( this costs between $4.50-$4.65 each time) so say you have 10 of these per month, you will save quite a bit of money. In its place, we can use a lesser cost postage method.
Secondly, we have had to post notices in newspaper telling when, where, etc the auction will be, that can be expensive as well( $40-$150) per ad so again, say you do 10 of these each year, you can see the savings.
Bottom line, this could save the Arizona facilities a lot of money each month and still allow us to auction when we have to.
I know this is simplified but for more details, you can get the information from the links that have been posted concerning this.
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Mel Holsinger, President
Professional Self Storage Management, LLC
3434 E. Kleindale Ste. E
Tucson, AZ 85716
O: 520.320.9135
F: 520.320.9435
www.proselfstorage.com
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