New Jersey S428 allows municipalities to place liens on fire-damaged property's insurance proceeds and mandates fire and explosion insurance for.

New Jersey S428 permits municipalities to place a lien on a fire-damaged property's insurance proceeds in specific instances. This bill requires municipalities that adopt an ordinance allowing these liens to ensure that the ordinance provides for the release or return to the insured any amounts to which the insured would otherwise be entitled to claim, provided that the insured agrees with the municipality in writing to restore the fire-damaged property.

New Jersey S428 allows municipalities to place liens on fire-damaged property's insurance proceeds and mandates fire and explosion insurance for.

New Jersey S428 permits municipalities to place a lien on a fire-damaged property's insurance proceeds in specific instances. This bill requires municipalities that adopt an ordinance allowing these liens to ensure that the ordinance provides for the release or return to the insured any amounts to which the insured would otherwise be entitled to claim, provided that the insured agrees with the municipality in writing to restore the fire-damaged property.