Providing that a self-service storage facility may apply a late fee against customers that are late in their monthly payments. The fee may be twenty dollars or twenty percent of the value of the space, which ever is greater. This act also allows for the collection of late fees through a lien.   Official Text and Analysis.

To clarify provisions related to late fees are applied to rental agreements entered into before June 9, 1988, and not automatically extended or automatically renewed after that date, rather than to all agreements entered into before June 12, 2008 and automatically extended or automatically renewed after that date. The language allowing owners to recover reasonable rent collection and lien enforcement expenses is removed. It is specified that owners have a lien for reasonable costs directly incurred by the delivering or sending of notices, advertising, accessing, inventorying, auctioning, conducting a public sale, removing, and disposing of property, rather than a lien for "other charges" in general.