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Nevada Law Makes Foreclosure Property Damage a Crime

The Nevada legislature has set an October 1 effective date ""for a new law"":http://www.leg.state.nv.us/Session/76th2011/Bills/AB/AB373_EN.pdf aimed at dissuading homeowners facing foreclosure from vandalizing the property.

The law ""prohibits the destruction of real property that is subject to foreclosure with the intent to defraud.""

A person who intentionally removes, conceals, or destroys any real property and causes the secured party or lender to suffer a financial loss as a result is guilty of a misdemeanor crime, according to the legislation.

Such an offense could carry with it up to six months in jail and a $1,000 fine.

Nevada has the highest foreclosure rate in the country, and it's held that title for four-and-a-half years now.

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