Code Violation Services, Inc. (“CVS”) provides national risk and loss severity management services by delivering a variety of disclosure reports focusing on unrecorded municipal code violations, property registration & compliance services, Homeowner’s Association demands, and lien & violation negotiation services.

CVS lessens financial loss due to unrecorded violations in varies stages of mortgage default processing from loan origination, loan acquisition due diligence, pre-foreclosure, and REO disposition.

CVS is a women-owned, small business located in Windsor, Colorado.

CVS Services Benefit Clients in a Variety of Ways:
• Decrease the time required to resolve financial exposure to unrecorded municipal code violations, fines, and liens;
• Minimize demolition risk and asset loss severity by reducing the compounding effect of violation penalties and daily fines;
• Identify code violations BEFORE fines and daily penalties are assessed;
• Proactively address public safety, negative media exposure, and client liability issues while reducing neighborhood blight;
• Improve decision making on collateral due diligence and foreclosure decision assessment;
• Disclose unrecorded violations not provided or insured by title;
• Lessen municipality litigation risk against owner of record;
• Lessen litigation risk from buyers after transfer of deed.

CVS Services Overview:

National Unrecorded Code Violation Disclosure Reporting “CVD” – Disclosure reports provide specific support documentation which identifies unrecorded municipal code violations, fines, and unrecorded lien issues. CVS provides only unrecorded liens and violations excluded from a title search.

Unrecorded Violations, Open Permits, and Zoning Disclosure Reporting “CVD Plus” – Disclosure reports provide specific support documentation which identifies unrecorded municipal code violations, fines, and unrecorded lien issues, as well as any open permits, and any zoning issues.

National Property Registration Compliance – Turn key management of property registration and ordinance compliance for notice of default, pre-foreclosure, vacant property, rental, renewal, and deregistration requirements based on local statutes.

Property Registration Plus – Property compliance due diligence report providing clients an ordinance results report to determine final registration requirements, as well as the addition of a full unrecorded code violation disclosure report. Proactive turn-key process to address national code violations and property registration compliance.

Florida Tax and Lien Report – Municipal code violation disclosure report adding real estate tax search, delinquent taxes, special assessments, municipal code violations and liens, open and expired permits, and all municipal utilities. The Florida Tax and Lien report is customary on all residential closings in the state of Florida.

HOA Demand & Estoppel Certificate Services – Determine HOA(s) for respective properties. Provide contact, demand or estoppel certificate, W-9, general ledger, and collections information. Determine if any HOA violations are present.

Lien and Violation Negotiation Services – CVS provides services for the negotiation, reduction, and resolution of code violation liens, fines, and penalties. If required, coordination of efforts between local municipalities and Client to address property specific inspection, preservation, and repair requirements.