Atlantic City
Foreclosure, Vacant, Rental
Effective Date: 02/17/2016
Pre-Filing
Post-Filing
REO
Occupied
Registration
Inspection
Required
Monthly
Required
Monthly
Required
Monthly
Vacant
Registration
Inspection
Required
As Needed / Regular
Required
As Needed / Regular
Required
As Needed / Regular
Fee: 
$500
LA:
PM:
N/A
Yes - Local
Signage:
Front - 18X24 - 24 Hour Phone 
Property Types Exclusions:
N/A
Fee Exclusions:
FNMA/Fannie - Federal National Mortgage Associa...
New Registration on OMT Change
No
Renewal: 
12 months
De-Registration (Delist):
  • Loan Brought Current
  • Loan Modification
  • Sale To 3rd Party
  • Loan Paid Off (Satisfaction)
Special Requirements:
N/A
Vacant:
PROCHAMPS
Managed by
Rental:
None
Links
Zip Codes
NotesExpand...

When property becomes vacant mortgagee must file no trespass affidavit with Code Enforcement stating the property has been posted "No Trespass"

Sign must state "This property is maintained by (PM) to report problems or concerns call (PM 24 hr #)"

See Section 8 for fine amounts for various violations

FNMA/FHLMC/FHA/VA/HUD are exempt from fees but have to register

Per NJ State Statute 40:48-2.12s b. (1) the creditor filing the summons and complaint in an action to foreclose that is located out-of-State is responsible for providing an in-State representative.  to be responsible for the care, maintenance, security, and upkeep of the exterior of the property.