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The Last Word – The New “Cash” Laws Impacting “Cashless” Self-Storage Operations – Scott I. Zucker, Esq.

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Over the last five years, as the use of technology has blossomed in the self-storage industry, more and more self-storage facilities have shifted to unmanned properties, utilizing the opportunities for kiosk services and now even mobile leasing with electronic contracts. All of this has been great for both operators and tenants, making their access to renting easier and more efficient. One unique but consistent element of these unmanned properties using all of this technology is that these systems use credit card processing rather than cash to obtain payment from the tenants.