Monday, August 21, 2017

ON ZOMBIE HOMES



Section 1308 of the Real Property Actions and Proceedings Law imposes a duty to inspect, secure and maintain vacant and abandoned properties on mortgagees or their servicing agents.

The New York State Department of Financial Services has created a web site page to advise and inform on the proper rules for these properties entitled "Zombie Property Maintenance Home Page"

See http://www.dfs.ny.gov/banking/zombie_prop_maintenance.htm

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