December, 2011
Proposed Las Vegas City Council Ordinance Would Make  Las Vegas Ordinance on the agenda A proposed Las Vegas ordinance that would make lenders maintain vacant properties in default or foreclosure will go up for vote as soon as Dec. 7, Housing Wire’s Andrew Scoggin reports. The proposal, which the committee first considered earlier this month, would require a lender to inspect properties in pending or actual default and, if vacant, register them with the city for $200. The bank must then choose a property manager for the home. Violators would receive a maximum $1,000 fine or six months in jail for each offense, though an amendment to the bill added a provision to enforce the ordinance through civil action in court. |