MACo Legislative Director, Natasha Mehu, testified in support of Senate Bill 222, “Foreclosed Property Registry – Updated Information – Notice to Local Governments” in front of the Senate Judicial Proceedings Committee on January 31, 2018.
This bill will allow counties to receive prompt notification about the ownership of foreclosed properties within their jurisdiction. This “push” rather than “pull” system could prove very helpful to county public safety and code enforcement officials to better manage properties in transition.
From MACo Testimony:
SB 222 would require DLLR to establish a procedure for foreclosure purchasers to keep the registry information current by providing updated information within 21 days of learning of any changes.
Additionally, the bill requires DLLR to promptly send a copy of the initial registration and any subsequent updates to the appropriate county or municipality.
It creates a process for local officials to receive prompt and accurate notifications about foreclosed properties which allows them to take timely action in the interest of their communities.”
Follow MACo’s advocacy efforts during the 2018 legislative session here.