Bill > H1873

This bill aims to prevent foreclosures by reducing administrative costs for small business property owners. The key provisions include: 1. Requiring officers executing a summary process judgment to store the tenant's personal property with a licensed and bonded public warehouser located within a 20-mile radius of the property. The warehouser must comply with specific requirements, such as filing storage rates with the Commissioner of Public Safety, not imposing excessive or unreasonable fees, and providing monthly statements to the tenant. 2. Granting the tenant the right to access their stored property once without charge to retrieve items of personal or sentimental value, and the ability to reclaim all property at any time upon payment of lawful storage fees. 3. Establishing penalties for warehousers who violate the requirements, including civil fines and the potential for the tenant to seek damages or injunctive relief. The overall goal is to provide protections and cost-saving measures for small business property owners facing foreclosure, ensuring their personal property is stored securely and at reasonable rates.

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https://malegislature.gov/Bills/192/H1873