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

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