1315.01  DEFINITIONS.
   As used in this section:
   (a)   "Person" means a natural person or any legal entity, including but not limited to any corporation, firm, partnership, trust or association, including the attorney and/or law firm representing a party initiating a foreclosure complaint.
   (b)   "Foreclosure" means the legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan.
   (c)   "Forfeiture" means the involuntary relinquishment of money or property without compensation as a consequence of a breach or nonperformance of some legal obligation or the commission of a crime.
   (d)   "Vacant" means that no person actually resides in any part of the building or that no person conducts a lawful business in any part of the building.
      (Ord. 9369-16.  Passed 3-21-16.)