Have you submitted your § 1308 quarterly reports on New York Inspecting, securing and maintaining vacant and abandoned residential real property?

 See https://www.nysenate.gov/legislation/laws/RPA/1308 and

 http://www.dfs.ny.gov/legal/regulations/adoptions/banking/bf422t.pdf .  Many servicers collect data from more than one vendor prior to filing the required information. If you delegate this task, ensure your vendor submits it timely as the deadline for the first quarter filing was April 30th.  A NY civil penalty of up to five hundred dollars ($500.00) per day per property may be assessed for violations.

Need help?  Call AIM Your Way 800-776-1815

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