This property preservation checklist is designed for banks, servicers, and asset managers managing vacant and REO properties in Rhode Island and Southern Massachusetts.

Initial Securing (Day 1 After Vacancy Confirmed)

• Re-key all exterior locks
• Install lender-approved lockbox
• Board up broken windows or unsecured doors
• Post no-trespassing notices per local Rhode Island municipality requirements
• Change garage door codes if applicable

Winterization (October through April in Rhode Island)

• Drain all water supply lines
• Blow out pipes with compressed air
• Add antifreeze to toilet bowls and traps
• Shut off main water supply
• Confirm heat is maintained at 55 degrees Fahrenheit minimum or property is fully winterized
• Document winterization completion with photos

Ongoing Maintenance

• Lawn mowing and trimming (bi-weekly May through October)
• Snow removal from walks and drives (Rhode Island: snow must be cleared within 24 hours in most municipalities)
• Gutter cleaning in fall
• Monthly condition inspection with photo documentation
• Pest control as needed

Utilities and Compliance

• Register property as vacant with local municipality if required (Providence, Pawtucket, Woonsocket)
• Maintain property insurance coverage
• Pay property taxes on time to avoid tax lien accrual
• Respond to any municipal code violation notices promptly

Homistic coordinates full property preservation services for REO assets in Rhode Island. Call (401) 432-7227 to get started.