August 12, 2014
Re: Mortgage Foreclosure Statute- Sample Ordinance Request
The League is soliciting sample ordinances which may have been enacted pursuant to P.L. 2014 c.5. This new law was discussed in a May 16th letter.
To recap, this law gives municipalities the ability to impose penalties on mortgage holders who do not abate nuisances on foreclosed properties.
If your municipality has enacted an ordinance to impose penalties pursuant to this law please send a copy to firstname.lastname@example.org
Thank you for your assistance. We want to share the important work that our municipalities are doing in this area.
Very truly yours,
William G. Dressel Jr.