Property Registration Services | Property Registration Compliance

Utilizing Technology to Determine Your Obligation to Register Properties Will Save Money


As a bank, mortgage company, mortgage servicer, or another legally identified property owner, you may not necessarily like the idea of meeting property registration ordinance requirements. But if that responsibility falls to you, you may as well meet the challenge in the most time saving and cost-efficient manner possible. PRS illustrates how utilizing digital obligation to register services to determine which of your properties need to be registered will save you money.

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Abandoned Property Registration Ordinances Demystified


The jargon, acronyms, and language used to describe the variety of property registration rules, laws and ordinances currently enforced can be confusing. Especially when you factor in who is the mortgagor, who is the mortgagee, questions of vacancy or occupation, and the various phases of the property foreclosure process. PRS offers these explanations of abandoned property registration ordinances demystified.

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Online Tools to Locate Your Foreclosure Registration Ordinance


“If the only tool you have is a hammer, you tend to see every problem as a nail”---Abraham Maslow

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A Brief History of New York's HPD

  • PRS
  • |
  • 29 January, 2018
  • |
  • HPD
There are a lot of reasons the City of New York is called “The Big Apple.”

Over the span of the last 40 years, the city has become the largest municipal developer of affordable housing in the United States. In this brief history of New York’s Department of Housing Preservation and Development (HPD) we look at the "how" and "why" HPD came to be as well as give you an update on HPD today.

Formally Launched in 1978

The HPD agency was formally established in 1978 with a functional mission of providing for the constructions and preservation of affordable, high-quality housing for low-to-moderate income New Yorkers living in diverse neighborhoods across the city. Headquartered in Lower Manhattan, the department has branch offices throughout the city’s five boroughs.

Its three-tiered focus includes (1) preserving affordable housing and protecting tenants; (2) developing new, affordable housing; (3) engaging neighbors in planning.

The current principal initiative of the agency is to spearhead “Housing New York,” a push by Mayor Bill de Blasio, with a 2026 goal of building or preserving 300,000 affordable homes. It works in partnership with more than a dozen sister agencies, advocates, developers, tenants, community organizations, financial institutions and elected officials.

Rolled out in 2014, Housing New York: A Five-Borough, Ten-Year Plan, provides a comprehensive set of policies and programs to address the city’s affordable housing crisis while retaining the diversity and vitality of its neighborhoods.

Phase 2.0 of Housing New York kicked in during 2017 and is designed to introduce a new suite of initiatives to help thousands more families and seniors afford their rent, buy a first home and remain in the neighborhoods they love.

HPD is responsible for the property registration and code enforcement services. 

Preservation Partnerships

The New York HPD webpage has some links with critical information about the program under separate icons for renters, owners, developers, vendors, the Community, and Section 8 housing more frequently referred to today as the Housing Choice Voucher program (HCV). Its working partnership and collaboration with the New York City Housing Authority (NYCHA) is detailed, including information about HPD violations and the filing of complaints.

Information also contained on the agency’s webpage includes annual Reports, Open Data, Building Data, Metrics, and Accessibility. HPD also offers a monthly Citywide Performance Rating (CPR) snapshot that measures the performance of more than 40 City agencies, including Section 8 utilization rates and the number of housing units started under the New York Housing Plan.

In its most recent update for the fiscal year 2017, Housing New York: Three Years of Progress, the agency reported the financing of 7,705 new apartments and 16,588 preserved homes. Those numbers reflect a direct investment of $1-billion by the City of New York, which leveraged more than $1.3-billion in bonds issued by the Housing Development Corporation during the entirety of Fiscal Year 2017.

That figure brought the total direct City investment under the housing plan to $2.8-billion, and total bond financing of $5.5-billion. More details of the financial infrastructure of the program are available at the NYC Housing website.

A Watchdog Role As Well

Under New York City’s Housing Maintenance Code, the Department of Housing Preservation and Development also issues violations against conditions in rental dwelling units that have been verified to violate New York City’s Housing Maintenance Code (HMC) of the New York State Multiple Dwelling Law (MDL). This information can be accessed by the link NYC Open Data.

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Following the Wrong Community Ordinances Could Cost You Money


Mistakes in meeting compliance of property registration ordinances do not come without penalties. For banks, mortgage companies and mortgage servicers holding large portfolios of properties requiring registration, PRS provides some eye-opening information about how following the wrong community ordinances could cost you money. Big money.

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Geocoding Prevents Mistakes, Using Zip Codes Causes the Mistakes


We’ve all heard the phrase “close, but no cigar.”

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Eight Misconceptions About Online Property Registration


Since the development and adoption of thousands of Vacant Property Registration Ordinances (VPROs) came into play, those charged with the legal responsibility to register properties are sometimes left scratching their heads. On the surface, understanding, dealing with and navigating the complexity of various ordinance requirements can seem daunting—especially when you add in the element of accomplishing the task using the Internet. PRS helps dispel eight misconceptions about online property registration.

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Why You Need to Separate Property Preservation from Registration

Although both tend to focus on the same types of properties that are in some stage of default or foreclosure, there are distinct differences between the two. PRS explains why you need to separate property preservation from registration.

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Five Ways Government Ordinances Impact Your Property

A man’s home may indeed be his castle. But “The Man,” may still have a lot to say about how that castle is treated. PRS shares five ways government ordinances impact your property. Regardless of what municipality or county you may reside in, chances are one, or possibly all five of these governmental tools may dictate what type of property compliance you may have to adhere to. A brief description of each.

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The Benefits of Using a Vacant Property Registration Database

When it comes to determining the legal obligation to register properties, cutting to the chase and getting a definitive answer is important. PRS highlights the multitude of benefits of using a vacant property registration database. Three are critical to legally identified property owners including banks, mortgage companies, and mortgage servicers—particularly those with large property portfolios to manage.

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