(a) Vacant Property. Any vacant building not involved in a foreclosure; any vacant building that is in a standard condition; a vacant building that is in a substandard condition, but is suitable for rehabilitation; or a building that has been vacant for more than one hundred
and twenty days.
(b) Foreclosed Property. Any property that is involved in a procedure by which a party who has loaned money secured by a mortgage or deed of trust on real property (or has an unpaid judgement), forces the sale of the real property to recover the money due, unpaid interest, plus the cost of foreclosure, after the debtor fails to make payment.
(c) Owner. Any person, agent, operator, firm or corporation having a legal or equitable interest in the property, or recorded in the official records of the state, county or municipality as hold title to the property; or otherwise having control of the property, including the guardian of the estate of any such person, and executor or administrator of
the estate of such person if ordered to take possession of real property by a court.
(Ord. 17-2017. Passed 11-20-17.)