A8983 (2025-26 session)
NY State bill
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.
- Title
- Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-01-07
- In committee
- Judiciary
- Introduced
- 2025-08-13
- Same as
- S1426
- Law section
- Real Property Actions and Proceedings Law
Sponsors
- Erik M. Dilan Assembly Member, District 54
Heard in committee
- Judiciary NY State Assembly committee
Same as
- S1426 (2025-26 session) NY State bill