Chicago Mandates That Lenders Register And Maintain Vacant Properties Before Acquiring Ownership

Mondaq Business BriefingUnited States Law Articles in English (2011)

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Chicago Mandates That Lenders Register And Maintain Vacant Properties Before Acquiring Ownership

Since the onset of the recession, we have become well familiar with the nationwide foreclosure crisis, particularly as to residential properties. Cities and states have grappled with how to address the adverse impact on neighborhoods and communities of properties that have been abandoned by the owners or that sit vacant afte...

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