6. Upon removal of his property, a tenant shall reimburse the landlord for the reasonable
cost of storage for the period the property was in the landlord's safekeeping, including the
reasonable cost of removal of the property to a place of storage. A landlord shall not be entitled
to reimbursement for storage and removal costs which are greater than the fair market value of
such costs in the locale of the rental property. A landlord shall not be responsible for any loss to
a tenant resulting from storage of property in compliance with this act unless the loss was caused
by the landlord's deliberate or negligent act or omission.
L.1999,c.340,s.6.
2A:18-78. Disposal of property, options
7. Property that has been conclusively presumed to be abandoned may be disposed of in
any of the following ways:
a. The landlord may sell the property at a public or private sale;
b. The landlord may destroy or otherwise dispose of the property if the landlord
reasonably determines that the value of the property is so low that the cost of storage and
conducting a public sale would probably exceed the amount that would be realized from the sale;
or
c. The landlord may sell certain items and destroy or otherwise dispose of the remaining
property, in accordance with subsections a. and b. of this section.
A public or private sale authorized by this section shall be conducted in accordance with the
provisions of 12A:9-601 et seq. of the "Uniform Commercial Code".
L.1999, c.340, s.7; amended 2001, c.117, s.23.
2A:18-79. Immunity
9. Nothing in P.L.1999, c.340 (C.2A:18-72 et al.) shall diminish the right of a landlord
of a nonresidential property to use distraint when authorized by law.
L.1999,c.340,s.9.
2A:18-80. Deductions from sale proceeds