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    News and Articles on Abandoned Property



    Detroit, gutted by industrial decline, wants to demolish blighted homes, restore green space  Mar 9, 2010
    The city could use tax foreclosure to claim abandoned property and invoke eminent domain for those who refuse to leave, much as cities now do for freeway projects. The mayor has begun lobbying Washington for support, and in January Detroit was awarded $40. (FOX61, CT)

    Mo. part of $22M Sprint settlement  Mar 5, 2010
    The law requires companies to report abandoned property to my office each year, Zweifel said in a statement Thursday. We argued that rebate checks become unclaimed property under Missouri law if they go uncashed for five years, the same way that stocks and bonds become unclaimed property. (St. Louis Business Journal, MO)

    Your views: Letters to the editor (Feb. 19)  Feb 19, 2010
    Its discouraging to read in FLORIDA TODAY that so many condo associations are not able to recover their maintenance costs in abandoned property foreclosures. More disturbing is the fact that so many small condos are having trouble keeping solvent. (Florida Today)

    Ariz. lawmakers back off grab of travelers checks  Feb 17, 2010
    That was the timeframe until lawmakers last year shortened it to three years as part of broader legislation on abandoned property ... The repeal of the travelers checks part of the 2009 law heads off a possible legal challenge similar to one American Express mounted against Kentucky after that state accelerated its timeframe for seizing abandoned property. (AZCentral -- News)

    A truce in the parking wars  Feb 15, 2010
    goodgov1 wrote on Feb 14, 2010 9:37 AM:" Carolyn, Have you noticed that all of our tax dollars go to hauling the snow away from metered spaces? We don't need the borough getting involved in making any more laws restricting citizen initative. we also don't need the borough manager advising us on "abandoned property laws" when he should be controlling (reducing) wasteful expenditures. ". Carolyn wrote on Feb 14, 2010 12:53 AM:" How does this "tradition" go? Can I stick my lawn chair on the street... (Carlisle Sentinel, PA)

    Why does Haiti suffer so much?  Jan 20, 2010
    France demanded enormous payment for abandoned property after the revolution, starting a cycle of debt that was never broken. Deep and abiding racism prevented the U.S. and Europe from recognizing Haiti for 60 years. (CNN -- International)

    I-Team: Alleged Squatter Sees Day in Court  Jan 13, 2010
    Typically, that law allows for ownership if the person lived continually in the abandoned property for five years -- paying bills and upkeep the entire time ... Alpert's defense tried to make the point that foreclosures become abandoned property and the homeowners essentially gave up on them. (KLAS-TV)

    Group to help city in fighting its blight  Jan 11, 2010
    The center will provide technical assistance for the city to a more extensive plan for dealing with vacant and abandoned property. Mr. Kildee, soon to be president of the foundation-supported Center for Land Reform -- a merger of the Genesee Institute and the National Vacant Properties Campaign -- said he left the Genesee County government after 33 years recently to run the center full-time. (Pittsburgh Post-Gazette, PA)




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