§ 150.307 FEES AND REQUIREMENTS.
 
Foreclosure
Registration Fee
$300
Late Fee
Recurring 10% of registration and renewal fee every 30 days
Registration triggers
- Pre-filing (default)i, occupied or facant
- Post-filing (NODii/LPiii), occupied or vacant
- REOiv, occupied or vacant
Renewal
6 month
Org exemptions
VA, HUD, USDA, Fannie Mae, and Freddie Mac
Property exemptions
N/a
 
Vacant Private Owner
Registration fee
$300
Late Fee
Recurring 10% of registration and renewal fee every 30 days
Registration triggers
Vacant/60 days/private owner
Renewal
6 months
Org exemptions
N/A
Property exemptions
Vacant lots
i   Pre-filing(default) - captures the time period during which the terms of the mortgage are not being complied with but before a notice of default or a lis pendens is filed.
ii   NOD - Notice of default
iii   LP - Lis Pendens
iv   REO - Real estate owned
 
(Ord. 2019-001, passed 3-20-19)