The following terms and phrases, whenever used in this chapter,
shall be construed as defined in this section:
“Abandoned”
means a residential or nonresidential property that contains
a vacant building, or under a current notice of default and/or notice
of trustee’s sale, pending Tax Assessor’s lien sale, or
the subject of a foreclosure sale where the title was retained by
the beneficiary of a deed of trust involved in the foreclosure, or
a property transferred under a deed in lieu of foreclosure/sale.
“Beneficiary”
means a lender under a note secured by a deed of trust. Beneficiary
shall also include beneficiary’s authorized agent, property
management company or property manager.
“Building”
means any structure, including, but not limited to, any residential,
commercial, industrial, or assembly structure, approved for occupancy
on either a lot of record or within a single project.
“Buyer”
means any person, partnership, co-partnership, association,
corporation, fiduciary or any entity that agrees to transfer anything
of value in consideration for property described in the agreement
of sale, as defined in this chapter.
“Days”
means consecutive calendar days.
“Deed in lieu of foreclosure/sale”
means a recorded document that transfers ownership of a property
from the trustor to the holder of a deed of trust upon consent of
the beneficiary of the deed of trust.
“Deed of trust”
means an instrument, describing the real property and by
which title to real property is transferred to a third party trustee
as security for repayment of a real property loan or an obligation.
This definition applies to any and all subsequent deeds of trust,
including, but not limited to, second trust deed, third trust deed,
etc.
“Default”
means the failure to fulfill a contractual obligation, whether
monetary or conditional.
“Distressed”
means any property that is occupied by a person(s) having
the right to use or having right of possession of the property and
under a current notice of default and/or notice of trustee’s
sale or pending Tax Assessor’s lien sale or has been foreclosed
upon by the trustee or has been conveyed to the beneficiary or trustee
via deed in lieu of foreclosure/sale.
“Evidence of vacancy”
means any condition that on its own, or combined with other
conditions present, would lead a reasonable person to believe that
the property is vacant. Such conditions include, but are not limited
to, overgrown and/or dead vegetation, accumulation of newspapers,
circulars, flyers and/or mail, past due utility notices and/or disconnected
utilities, accumulation of trash, junk and/or debris, the absence
of window coverings such as curtains, blinds and/or shutters, the
absence of furnishings and/or personal items consistent with residential
habitation, statements, based on observations, by neighbors, passersby,
delivery agents, government employees that the property is vacant.
“Foreclosure”
means the process by which a property, placed as security
for a real estate loan, is sold at an auction to satisfy the debt
if the trustor (borrower) defaults.
“Landscape”
includes, but is not limited to, grass, groundcovers, bushes,
shrubs, hedges or similar paintings, decorative rock or bark or artificial
turf/sod designed specifically for residential installation. Landscape
does not include weeds, gravel, broken concrete, asphalt, decomposed
granite, plastics sheeting, mulch, indoor-outdoor carpet or any similar
material.
“Landscape maintenance”
includes, but is not limited to, regular watering, irrigation,
cutting, pruning, mowing and removal of all trimmings of required
landscape.
“Notice of default”
means a recorded notice that a default has occurred under
a deed of trust and that the beneficiary intends to proceed with a
trustee’s sale.
“Out-of-area”
means in excess of 35 road/driving miles distance of the
subject property.
“Owner”
means any person, partnership, co-partnership, association,
corporation, fiduciary or any other legal entity having a legal or
equitable title or any interest in the property. When more than one
owner exists, the singular shall also mean the plural.
“Property”
means any improved real property, or portion thereof, including,
but not limited to, buildings or structures located on said real property,
regardless of condition. This definition shall exclude unimproved
real property.
“Trustee”
means the person, partnership, co-partnership, association,
corporation, or fiduciary holding a deed of trust on a property. Trustee
shall include any authorized agent, property management company or
property manager of a trustee.
“Trustor”
means a borrower under a deed of trust, who deeds property
to a trustee as security for the payment of a debt.
“Vacant”
means a building/structure that is not legally occupied,
which shall be determined by “evidence of vacancy” as
defined, or for a period of 30 consecutive days.
(Prior code § 100.02; Ord. 743 11-2-21)