What are the key responsibilities of a receiver for a vacant property?

The primary responsibilities of a receiver include:

• Securing the property to prevent vandalism, squatting, and theft.
• Performing maintenance and repairs to avoid further deterioration.
• Ensuring the property complies with local building codes.
• Managing finances, such as property taxes and insurance.
• Marketing and potentially selling the property, if required.
• Providing regular reports to the court on their actions and expenses.