White Papers

American Financial Services Association (AFSA)

Vacant Property Ordinances

Foreclosures and vacant properties have spread from the cities to the suburbs. Cash-strapped municipalities are facing declining property values, decaying neighborhoods, more crime, and health and safety issues they are ill-equipped to manage. To deal with this problem, cities and towns have enacted new ordinances or strengthened old ones to require that foreclosed and vacant properties be maintained to a certain standard.

Vacant Property Ordinances (pages: 51)