Many states have public nuisance laws in place that require vacant property to adhere to certain conditions.  In some cases, a vacant property owner’s violation of such laws makes them automatically liable for any injury that occurs to trespassers.

• One of the number one issues local governments face with is the increase of crime activity associated with vacant properties.
• What happens the first time a serious safety issue or crime hits the local press and the property has several code violation notifications with no action by the investor, lender, servicer, asset management company, or listing agent?
• Exposure to negative press increases substantially with vacant properties and non-resolution of code violations.