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A mortgagee who files a foreclosure on a vacant residential property on or after July 11, 2013 within Colerain Township must register the vacant, foreclosed residential property. A mortgagee must also register the property if it becomes vacant at any point during the foreclosure process. A property that is foreclosed and is not vacant need not be registered. The property must be registered within ten days of becoming vacant and foreclosed.
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If a property is foreclosed and vacant the mortgagee must complete the Vacant Foreclosed Property Registration Form and pay the registration fee of $500.