Abandoned real property definition

Abandoned real property means any property that is vacant and is subject to a
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Abandoned real property means any real property, including but not limited to one or more vacant buildings or structures, without respect to occupancy or vacancy, but excluding unimproved real property, that is subject to a mortgage and is either (i) in default on such mortgage for which a mortgagee has obtained a judgment in foreclosure; (ii) in default on such mortgage and subject to an application or proceedings for a tax deed or pending tax claim bureau or tax assessor sale for unpaid property taxes;
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Abandoned real property means real property that is vacant and/or is under a notice of default, notice of mortgagee’s sale, pending tax assessor’s lien sale and/or properties that have been the subject of a foreclosure sale where title or a lien is retained by the mortgagee and any properties transferred under the deed in lieu of foreclosure sale, a short sale or any other legal means.
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Examples of Abandoned real property in a sentence

  • Abandoned real property means any real property in unincorporated St. Lucie County that is vacant and is under a current notice of default and is the subject of a foreclosure action or proceeding, is the subject of a foreclosure sale where the title was retained by the mortgagee involved in the foreclosure, and/or has been transferred under a deed in lieu of foreclosure or sale to the mortgagee.

  • Abandoned real property means any real property located within the city that is vacant and is under a current notice of default or mortgagee's sale by lender or a pending tax assessor's lien sale or is the subject of a foreclosure action or proceeding, is the subject of a foreclosure sale where the title was retained by the mortgagee involved in the foreclosure, or has been transferred under a deed in lieu of foreclosure or sale to the mortgagee.

  • Abandoned real property or neglected buildings, as defined in this division of this chapter, shall constitute a public nuisance.

  • Abandoned real property, a neglected building or vacant parcel shall not be deemed registered until all requirements of registration have been satisfied to a reasonable degree as determined by the building official.

  • Abandoned real property negatively impacts the community and causes blight.

  • This indicates that the spectators were more curios and interested in finding out what was going on in the video, hence likely to be more transported.

  • Abandoned real property means any real property that is vacant and under a public notice of default, notice of mortgagee's sale, pending tax assessor's lien sale and/or properties that have been the subject of a foreclosure sale where title is retained by the mortgagee, and any properties transferred under a deed-in-lieu of foreclosure sale, a short sale or any other legal means.

  • The temporary inspection facility may not hold more than one lot of animals at the same time.


More Definitions of Abandoned real property

Abandoned real property means any real property that is under
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Abandoned real property means a property that has been left unattended for an unreasonable period of time, that is not legally occupied, and/or where it is evident that the owner of such property does not intend to return and/or has abandoned his/her rights to the property
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Abandoned real property means any real property that is vacant and that has had a lis pendens filed against it by the Lender holding a mortgage on the property, and/or is subject to an ongoing foreclosure action by the Lender, and/or is under a notice of mortgagee's sale, tax collector's lien sale and/or properties that have been the subject of a foreclosure sale where title is retained by the beneficiary of a mortgage involved in the foreclosure, and any properties transferred under a deed in lieu of foreclosure sale, a short sale or any other legal means.
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Related to Abandoned real property

  • Abandoned property means personal property left by an owner who intentionally

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Company Real Property means the Company Owned Real Property and the Company Leased Real Property.

  • Mortgaged Real Property means each of the parcels of real property set forth on Schedule 4 hereto, or interests therein, owned in fee by a Credit Party, together with each other parcel of Real Property that shall become subject to a Mortgage after the Closing Date, in each case together with all of such Credit Party’s right, title and interest in the improvements and buildings thereon and all appurtenances, easements or other rights belonging thereto.

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Company Owned Real Property shall have the meaning set forth in Section 3.12(a).

  • Hotel Property for any hotel means the Real Property and the Personal Property for such hotel.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Material Leased Real Property shall have the meaning set forth in Section 3.17(b).

  • Additional Property means, in respect of a Series, the rights and benefits provided in respect of the Series, or applicable Class, pursuant to any letter of credit, surety bond, cash collateral account, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate and/or currency swap agreement, loan agreement, enhancement agreement or other similar arrangement as contemplated under the Pooling and Servicing Agreement and as provided for in the related Series Purchase Agreement.

  • Rental Property means a hotel room, vacation home, or other rental property You booked for Your stay during Your Trip.

  • Abandoned well means a well whose use has been permanently discontinued or which is in a state of disrepair such that it cannot be used for its intended purpose or for observation purposes.

  • Abandoned vehicle means any of the following:

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Real Property Assets means, as of any time, the real property assets (including interests in participating mortgages in which the Borrower’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by the Borrower, EQR and the Consolidated Subsidiaries of either or both at such time.

  • Material Property means all Real Property owned in fee in the United States by any Credit Party, in each case, with a fair market value of $7,425,000 (as determined by the Borrower in good faith) or more, as determined (i) with respect to any Real Property owned by any Credit Party on the Closing Date, as of the Closing Date, and (ii) with respect to any Real Property acquired by a Credit Party after the Closing Date, as of the date of such acquisition.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Residential property means improved property that:-

  • Owned Property has the meaning set forth in Section 4.10(a).