Bill Texts: NY A05634 | 2019-2020 | General Assembly

Bill Title: 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.

Spectrum: Partisan Bill (Democrat 4-0)

Status: (Introduced - Dead) 2020-01-08 - referred to judiciary [A05634 Detail]

Bill Drafts

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Introduced2019-02-14HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A05634

Supplemental Documents

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No supplemental documents for New York A05634 currently on file.

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