Bill Text: NJ A3293 | 2016-2017 | Regular Session | Amended

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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

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[First Reprint]

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.