ND HB1267

Amends North Dakota Century Code section 47-16-30.1 to increase the property value threshold from one thousand to two thousand five hundred dollars for abandoned property that lessors may dispose of without legal process.

Allows lessors to dispose of abandoned property twenty-eight or more days after receiving actual notice that the lessee has vacated or twenty-eight or more days after it reasonably appears the lessee has vacated.

Entitles lessors to retain proceeds from the sale of abandoned property and recover storage and moving expenses exceeding sale proceeds from the lessee's security deposit.

Grants lessors a lien on property for reasonable storage and moving expenses when property is removed after an eviction judgment and special execution are obtained, allowing possession retention until charges are paid.

The lessor's lien does not have priority over any prior perfected security interest in the property.