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A09763 Summary:

BILL NOA09763
 
SAME ASSAME AS S07167
 
SPONSORWeinstein
 
COSPNSRDinowitz
 
MLTSPNSR
 
Amd 1307, 1308 & 1310, RPAP L
 
Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain; authorizes the department of financial services or the municipality to impose a $500 a day civil penalty for the failure of a lender to maintain an abandoned property that it has a duty to maintain; requires such lenders to register with the statewide vacant and abandoned property electronic registry.
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