Property Maintenance Obligations for Vacant and Abandoned Residential Properties in New York. There are, however, limits to the extent of maintenance work required by the law. Also, banks, credit unions and other specified financial institutions that do not engage in significant real estate lending are exempt from the requirements of the law. The Department maintains a registry of vacant properties that it makes available to local government officials. The Department maintains a registry of vacant properties that it makes available to local government officials. If you suspect you may own a zombie property: Check the ownership records by your name or address on the Lucas County Auditor’s records on-line at: co.lucas.oh.us See pricing and listing details of New Rochelle real estate for sale. Zombie properties are not new to the US real estate market, but they’ve become more prevalent in the last decade, especially during the 2007/2008 financial crisis. Kings County had the most zombie houses — 1,050, which was a 22% increase between January 2014 and May 2015; Queens County came in second with 905 zombie homes — a 14% increase between January 2014 and May 2015. In 2018, Pennsylvania enacted a fast-tracked foreclosure process. Illinois and California ranked a distant second and third with 31,668 and 28,821 zombie properties respectively on the list. For example, boarding up the windows of a vacant and abandoned property may be an appropriate action to secure a property against vandalism or criminal activity, even though a boarded-up house may be an eyesore to the local community. If you are still having trouble, you can file a complaint or contact us for further assistance: The Department of Financial Services supervises many different types of institutions. Governor Andrew M. Cuomo today signed legislation to prevent foreclosures and curb the threat posed to communities by “zombie properties.” The bill was passed as part of the 2016 Legislative Session and is a boon for the economic health and public safety of communities and homeowners who would otherwise be at risk of losing their residences. The law imposes a duty to inspect, secure and maintain vacant and abandoned properties on mortgagees or their servicing agents. The issue has become so problematic that last April, the city —prompted by the passing of the New York State Zombie Property and Foreclosure Prevention Act of 2016, or “Zombie … A "zombie property" at 102 Wellington Road in Dewitt. Once identified, the Department will contact the responsible party to ensure that it is complying with its obligations under the law. Find New York foreclosures for sale through our foreclosure listings service including New York foreclosed homes, government foreclosed properties and New York bank foreclosures. Known as the “Zombie Law,” the measure gives the state the authority to pursue legal action against lenders who do not maintain their properties. New York enacted the Zombie Property and Foreclosure Prevention Act of 2016. Once a property has been deemed to be vacant and abandoned, the mortgagee must take reasonable steps to ensure that the property is secured and maintained in order to minimize public safety risks and related blight to the neighborhood and surrounding community. and others — in and near the Erie County, NY area at Foreclosure.com. The Bronx and Richmond counties had the largest percentage increase in the number of zombie homes, 42% and 62%, respectively. View 33087 houses for sale in New York, NY at a median listing price of $835,000. Get updates about Senate activity regarding Zombie properties. With no occupant to perform basic maintenance, these homes can fall into a state of serious disrepair. 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