READ AND PASSED

The enacted law requires owners of residential properties left vacant after foreclosure to register them with the City, inspect them within 15 days of acquiring them and at least every two weeks afterward, and correct maintenance problems. Owners who live outside Philadelphia or do not regularly maintain a business office in the city must designate a property manager, and violations can result in fines and other enforcement.

Amending Title 4 of The Philadelphia Code, entitled "The Philadelphia Building Construction and Occupancy Code," by amending Subcode "A" (The Philadelphia Administrative Code) and Subcode "PM" (The Philadelphia Property Maintenance Code), to require that the owners of residential properties that are vacant following foreclosure register, inspect and maintain such properties, and to provide for enforcement and penalties for failure to do so, all under certain terms and conditions.