Requires creditors to maintain interior of vacant and abandoned residential property under foreclosure.
This bill would require creditors in residential foreclosure cases to maintain the interior of vacant and abandoned properties, not just the exterior as current law requires. Creditors must provide municipalities with contact information for property maintenance and would face fines of up to $1,500 per day for uncorrected interior violations after a 30-day correction period (or 10 days for imminent threats to public safety). The bill affects creditors pursuing foreclosure on residential properties that become vacant during the foreclosure process. Municipalities would enforce these requirements through local ordinances, with collected fines used for code enforcement purposes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2024
Committee Review
Floor Vote
Governor
Introduced Feb 5, 2024
Last action Feb 5, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
0
Feb 5, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Housing Committee
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Carol Murphy
DDemocratic
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