Article
New York Imposes Duty On Mortgage Lenders To Maintain "Zombie Properties" And Increases Lenders' Exposure For Premises Liability Claims
On June 23, 2016, New York State enacted legislation imposing a duty on banks and mortgage companies to maintain one- to four-family residential properties abandoned by their owners before they have foreclosed on the properties.
Wilson Elser Moskowitz Edelman & Dicker LLP
