West Virginia State Senator (also the city attorney for Wellsburg WV) Ryan Weld, seeks to better regulate “land installment contracts” that allow potential homeowners to purchase property through a landowner on an installment plan, similarREAD MORE
New York State Enacts Bill to Define “Vacant and Abandoned Residential Property” in Foreclosure
Update March 18,2022 Legislation has now been signed into law. To view the final text, please click here. Following is the “Summary of Provisions” as provided in the Sponsor’s Memo. This legislation amends the underlyingREAD MORE
New Hampshire Introduces VPR House Bill – Senate Bill 334
Introduced 01/05/2022, if enacted SB 334 would enable local municipalities to establish a vacant building registry. To view the current version as introduced, please click here,
How do banks determine/define “vacant” or “abandoned” property?
A recent white paper was released by the Legal League 100, providing guidance and clarification on what constitutes a real estate property to fall under the category of “abandoned.” Legal League 100 supports the mortgageREAD MORE