Town of Elsmere Property Registration

A Registrable Property is any real property that:

• Is encumbered by a mortgage in default;

• Is the subject of a foreclosure action;

• Has a foreclosure judgment but has not yet been sold; or

• Has been transferred to a mortgagee or affiliated entity via foreclosure sale or deed in lieu.

Registration

• Registration is required within 10 days of declaring mortgage in default.

• Each parcel requires a separate registration.

• Registration information must be updated within 10 days of any change.

• Registrations must be renewed annually, measured from the initial default date.

• OMT changes do not require a new registration but must be updated within 10 days.

• A property manager must be designated.

• A 24-hour contact telephone number is required.

• Property manager must be local (see Ordinance for details)

• Governmental entities must register but are exempt from registration fees.

• Governmental entities include HUD, VA, and USDA mortgagees or owners.

In this jurisdiction, any owner of Vacant Property is required to register the property. Vacant Property is considered any parcel of land that contains any building or structure that is not legally occupied for 45 days or more. 

Vacant Lots are not required to be registered.

If the Owner of a vacant property is not located within the state, a Local Agent must be provided including their name, address, and phone number.

The property requires posting no smaller thab 6 x 6 in a prominent location with the name and address of the person(s) legally responsible for the property, and the name, address, and phone number of the Local Agent.