Oregon Governor Tina Kotek signed Senate Bill 433 (SB 433) into law on May 28, updating the way self-storage operators must advertise their lien sales. The legislation will take effect on Jan. 1, according to a June 9 newsletter from the national Self Storage Association (SSA) to its members.
Currently, self-storage operators in Oregon must advertise all lien sales in a newspaper if the value of the unit’s contents is estimated at more than $300. SB 433 will increase this limit to $1,000, a change that also allows operators to advertise these sales on an online-auction platform. They can now bypass costly advertisements for low-valued units, the SSA reported.
Legislators in Nevada have introduced a bill that would end the newspaper-advertisement requirement for self-storage lien sales entirely. If passed, Assembly Bill 137 would enable operators to publish their auction notices online via a newspaper website, a social media platform or one of several self-storage auction websites.
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The SSA represents more than 22,000 U.S. and international member-affiliated self-storage facilities, according to its website. It’s allied with several state and international self-storage associations and has about 6,000 members.
Source: Self Storage Association, Oregon Newspaper Advertising Threshold to Increase in 2026
ISS Staff
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