Residential foreclosure definition

Residential foreclosure means the sale of a single family residence under a power of sale granted by this section. As used in this paragraph, “single family residence”:
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Residential foreclosure means the sale of a single-family
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Residential foreclosure means the sale of a single-family residence under a power of sale granted by NRS 107.0805.
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Examples of Residential foreclosure in a sentence

  • Residential foreclosure sales that arise from non-payment of a mortgage by a single-family mortgagor adversely affected by the COVID-19 emergency shall be suspended until August 31, 2020 or as provided by subsequent order.

  • Residential foreclosure filings with 2.5% tax reduction represents the number of foreclosure filings on residential parcels that claim the 2.5% property tax reduction allowed for owner-occupants that apply for the reduction, during a given quarter.

  • Residential foreclosure filings represents the number of foreclosure filings on residential parcels only, during a given quarter.

  • Residential foreclosure is a judicial process often pursued in a county court of common pleas.

  • Residential foreclosure filings with homestead tax reduction represents the number of foreclosure filings on residential parcels that claim the Homestead Exemption, which allows senior and permanently disabled individuals in Ohio to exempt $25,000 of the market value of their home from all local property taxes.

  • Residential foreclosure cases recorded in this project had a lender that was either a financial institution or a private individual serving as lender; any other form of lender was removed from the sample.

  • Residential foreclosure filings with homestead tax reduction represents the number of foreclosure filings on residential parcels that claim the Homestead Exemption, which allows senior and permanently disabled individuals in Ohio to exempt $25,000 of the market value of their home from all local property taxes, during a given quarter.

  • Residential foreclosure procedures are necessary to ensure a remedy for Loan Program Lenders in the event of a default.

  • Residential foreclosure cases where a defendant returns a COVID-19 Declaration pursuant to Section IV(A)(1)(c), shall be stayed until the Governor lifts the eviction moratorium for Covered Persons.

  • Residential foreclosure based on the covenants executed at the closing still seem to baffle the common man and the legal community.


More Definitions of Residential foreclosure

Residential foreclosure means the sale of a single family residence pursuant to NRS 40.430. As used in this subsection, “single family residence” means a structure that is comprised of not more than four units.
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Related to Residential foreclosure

  • Residence in foreclosure or “affected residence” means residential real property consisting of one to four family dwelling units, one of which the owner occupies as the owner’s principal place of residence, where a delinquency or default on any loan payment or debt is secured by or attached to the residential real property including but not limited to contract for deed payments, real estate contracts, or real estate taxes.

  • residential land means land used or capable of being used for residential purposes (but does not include land on which there is no residential dwelling).

  • Residential property means improved property that:-

  • Residential Lot means a lot, the use of which is limited by law, covenant,

  • Residential building means a building containing one or more residential dwellings.

  • residential premises means a house, building, structure, shelter, or mobile home, or portion thereof, used as a dwelling, home, residence, or living place by 1 or more human beings. “Residential premises” includes an apartment unit, a boardinghouse, a rooming house, a mobile home, a mobile home space, and a single or multiple family dwelling, but does not include a hotel, a motel, motor home, or other tourist accommodation, when used as a temporary accommodation for guests or tourists, or premises used as the principal place of residence of the owner and rented occasionally during temporary absences including vacation or sabbatical leave.

  • Residential care home or “RCH” means a residential care home as defined and licensed under the Residential Care Homes (Elderly Persons) Ordinance (Cap. 459), or as defined and issued with a licence or certificate of exemption under the Residential Care Homes (Persons with Disabilities) Ordinance (Cap. 613), or the boarding section of a special school subvented under the Education Bureau, or the residential facilities of the Skills Centre (Tuen Mun) of Vocational Training Council, or a nursing home as referred to in the Hospitals, Nursing Homes and Maternity Homes Registration Ordinance (Cap. 165) which provides residential services for persons aged 60 or above in Hong Kong.

  • Foreclosure means the process by which a property, placed as security for a real estate loan, is sold at auction to satisfy the debt if the trustor (borrower) defaults.

  • Residential rental property means property that is used solely as leased or rented property for residential purposes. If the property is a space rental mobile home park, residential rental property includes the rental space that is leased or rented by the owner of that rental space but does not include the mobile home or recreational vehicle that serves as the actual dwelling if the dwelling is owned and occupied by the tenant of the rental space and not by the owner of the rental space.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Residential Project means a redevelopment project that is

  • Residential Zone means a zone earmarked for buildings exclusively designed for human habitation and in no case shall include its use in whole or a part thereof for any other purpose e.g commercial activities, school, institution, shop, office, clinic, beauty parlor, guest house, marriage center, gymnasium, tuition center, club activities, work-shop, store or godown etc. or for the purpose of political, religious and sectarian activities. It includes parks, gardens, play grounds, sector shops and other open spaces located in the area earmarked in the residential zone.

  • Residential waste means any refuse generated on the premises as a result of residential activities. The term includes landscape waste grown on the premises or deposited thereon by the elements, but excludes garbage, tires, trade wastes and any locally recyclable goods or plastics.

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Residential child care facility means a twenty-four-hour residential facility where children live together with or are supervised by adults who are not their parents or relatives;

  • Foreclosure Property shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Non-Residential Property means all Assessor’s Parcels of Developed Property for which a building permit(s) was issued for a non-residential use.

  • Mortgaged Premises means any real property which shall now or hereafter be subject to a Note Mortgage and/or an ABL Mortgage.

  • Residential care facility means an institution, residence, or facility that is licensed by the department of mental health under section 5119.22 of the Revised Code and that provides care for a child.

  • FHA Approved Mortgagee A corporation or institution approved as a mortgagee by the FHA under the Act, and applicable HUD regulations, and eligible to own and service mortgage loans such as the FHA mortgage loans.

  • Residential Unit means a home, apartment, residential condominium unit or mobile home, serving as the principal place of residence.

  • Multifamily Property means any real property on which multifamily residential-use development has been constructed or is now or hereafter proposed to be constructed (for example, and not by way of limitation, a property of the type managed by the Company).

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.

  • Residential Floor Area means all of the square footage of living area within the perimeter of a residential structure, not including any carport, walkway, garage, overhang, patio, enclosed patio, or similar area. The determination of Residential Floor Area shall be made by reference to the building permit(s) issued for such Assessor’s Parcel.