Fast-tracking legislation accelerates the foreclosure process of vacant and abandoned properties, helping neighborhoods to avoid blight.
Fast-Track Legislation Resource Center
As the concept of fast-track legislation for vacant and abandoned properties gains momentum, we have consolidated various legislations for your reference.
Below is an interactive map tool, which features states that have enacted, are contemplating enacting, or have expired/inactive fast-track legislation for vacant and abandoned properties. Information that can be explored for each marked state includes a link to the final bill's text, legislation history, and links to any media coverage of the legislation (if applicable).
A critical component to fast-tracking is determining what property is a candidate for the expedited process. With this in mind, also included below are definitions of “vacancy” or “abandoned” as well as other relevant bill language to help with this determination.
Additionally we have provided some media articles or other web-based content for several of the bills, along with several articles on the national view of “fast track” legislation, which are listed below.
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Please note, only segments of each legislation is provided. Be sure to review the entire bill text to ensure accuracy.
Articles Regarding Fast-Track Legislation:
Mortgage Bankers Association's (MBA) Vacant and Abandoned Property Working Group (White Paper):