Saturday, June 22, 2024
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What We Do

New Mexico has more than 500 self-storage facilities, serving a statewide population of 2,090,000. The New Mexico Self Storage Association has helped spearhead several changes to lien laws in New Mexico but some priorities remain.

In 2015 the NMSSA was successful in our efforts to remove outdated and archaic lien laws from the books. For example, operators were once required to send official correspondence by certified mail, a process costing an excessive amount of both time and money. Siding with the industry, and the recognition that more modern methods are available, the state legislature of New Mexico agreed that certified mail was no longer the most assured method of guaranteeing contact with a delinquent customer, now allowing verified mail and in some cases, email notifications. Other recent changes include contractual value limitations and simpler methods for disposing of a vehicle in a lien situation. 

In 2019, we are working with the legislature to authorize a simplified licensing process for owners to offer tenant insurance to their customers. We are also monitoring efforts by the state Taxation & Revenue Department to impose the gross receipts tax on revenue generated from outdoor storage. 

The NMSSA is ever vigilant in protecting the industry from unnecessary laws or regulations. If you have questions or concerns regarding the industry’s relationship with the government, please feel free to contact us.

Certified Mail

This effort seeks to eliminate the requirement to send lien notifications via certified mail, as opposed to "verified mail."

Newspaper Advertising

This effort seeks to eliminate or modify the requirement to publish auction notices "in a newspaper of general circulation," as opposed to simply posting online.

Vehicles & Watercraft

This effort would allow the operator to dispose of abandoned vehicles and watercraft more expeditiously.

Email Notifications

This effort seeks to provide operators with the ability to email lien notifications and other official communications.

Contractual Value Limitations

Provides basic limits of the amount or value of contents in a storage container.

Late Fee Standardization

An industry-wide effort to standardize late fees in the amount of $20 or 20 percent, whichever is greater.

Limited Lines Insurance

This effort would allow and regulate the sale of limited lines insurance.

Building Codes

Monitoring and/or amending reasonable building code requirements for the industry.

Online Auctions

This effort provides operators with the ability to hold auctions online as opposed to at your facility.

Reach Out

Please reach out to us if you have an issue or want to notify us about an issue within the self storage community.