Bill Text: NJ A3293 | 2016-2017 | Regular Session | Amended
Bill Title: Permits charging late fee for rental payments due on self-service storage units and authorizes sale of property via website.
Spectrum: Bipartisan Bill
Status: (Enrolled - Dead) 2018-01-08 - Passed Assembly (Passed Both Houses) (71-0-0) [A3293 Detail]
Download: New_Jersey-2016-A3293-Amended.html
ASSEMBLY, No. 3293
STATE OF NEW JERSEY
217th LEGISLATURE
INTRODUCED FEBRUARY 22, 2016
Sponsored by:
Assemblyman BENJIE E. WIMBERLY
District 35 (Bergen and Passaic)
Assemblywoman L. GRACE SPENCER
District 29 (Essex)
Assemblyman JOE DANIELSEN
District 17 (Middlesex and Somerset)
Assemblyman JAMEL C. HOLLEY
District 20 (Union)
Assemblyman RAJ MUKHERJI
District 33 (Hudson)
Assemblywoman SHAVONDA E. SUMTER
District 35 (Bergen and Passaic)
Co-Sponsored by:
Assemblywoman Tucker, Assemblymen Ciattarelli, Benson, Assemblywoman Handlin, Assemblymen Giblin, Rible, S.Kean, Kennedy, Assemblywomen Caride, B.DeCroce, Assemblymen Peterson, Chiaravalloti, Assemblywoman Schepisi, Assemblymen Auth, Johnson and Dancer
SYNOPSIS
Permits charging late fee for rental payments due on self-service storage units and authorizes sale of property via website.
CURRENT VERSION OF TEXT
As reported by the Assembly Regulated Professions Committee on October 6, 2016, with amendments.
An Act concerning self-storage facilities and supplementing P.L.1983, c.136 (C.2A:44-187 et seq.).
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. In addition to any other remedy available under the "Self-Service Storage Facility Act," P.L.1983, c.136 (C.2A:44-187 et seq.), a reasonable late fee may be charged and collected by an owner for each month that the occupant's rental payment for a storage space is in default.
For purposes of this section, a late fee of $20.00 or 1[20%] 18 percent1 of the monthly rent, whichever is greater, is reasonable and shall not constitute a penalty.
2. An online publicly accessible auction website is a suitable place for holding the public sale authorized pursuant to subsection g. of section 5 of P.L. 1983, c.136 (C.2A:44-191), so long as the notice and other requirements of that section have been satisfied.
3. This act shall take effect immediately.