Abstract
This Note discusses the recent trend in local vacant property registration ordinances. In essence, these ordinances have become increasingly popular since the burst of the housing bubble, as they require either homeowners or their mortgage lenders to register property upon abandonment. Specifically, this Note argues that properties held by Fannie Mae and Freddie Mac should not be exempted from the control of the ordinances, as such a large exemption will likely inhibit cities’ abilities to maintain abandoned property.
Keywords
real property, abandoned homes, vacant property registration ordinance, Fannie Mae, Freddie Mac