11. A landlord may deduct from the proceeds of any sale the reasonable costs of notice,
storage and sale and any unpaid rent and charges not covered by a security deposit. After
deducting these amounts, the landlord shall remit to the tenant the remaining proceeds, if any,
together with an itemized accounting. If the tenant, after due diligence, cannot be found the
remaining proceeds shall be deposited into the Superior Court and, if not claimed within 10
years, shall escheat to the State.
L.1999,c.340,s.11.
2A:18-81. Compliance with act constitutes complete defense
12. Compliance in good faith with all the requirements of this act shall constitute a
complete defense in any action brought by a tenant against a landlord for loss or damage to
personal property disposed of pursuant to this act.
L.1999,c.340,s.12.
2A:18-82. Noncompliance with act; tenant's recovery
13. If a landlord seizes and retains a tenant's personal property without complying with
this act, the tenant shall be relieved of any liability for reimbursement to the landlord for storage
and removal costs and shall be entitled to recover up to twice the actual damages sustained by
the tenant.
L.1999,c.340,s.13.
2A:18-83. Applicability of act
14. This act shall not be applicable to any unclaimed property which must be disposed of
in accordance with the "Uniform Unclaimed Property Act (1981)," P.L.1989, c.58 (R.S.46:30B-1
et seq.).
L.1999,c.340,s.14.
2A:18-84. Nonapplicability to motor vehicles
15. This act shall not be applicable to abandoned motor vehicles.
L.1999,c.340,s.15.