New Jersey Statutes 55:19-80. Definitions relative to abandoned property
Terms Used In New Jersey Statutes 55:19-80
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
“Department” means the New Jersey Department of Community Affairs.
“Lienholder” or “mortgage holder” means any person or entity holding a note, mortgage or other interest secured by the building or any part thereof.
“Municipality” means any city, borough, town, township or village situated within the boundaries of this State and shall include a qualified rehabilitation entity that may be designated by the municipality pursuant to section 13 of P.L.2003, c.210 (C. 55:19-90) to act as its agent to exercise any of the municipality’s rights pursuant thereto.
“Owner” means the holder or holders of title to an abandoned property.
“Property” means any building or structure and the land appurtenant thereto.
“Public officer” means the person designated by the municipality pursuant to section 3 of P.L.1942, c.112 (C. 40:48-2.5) or any officer of the municipality qualified to carry out the responsibilities set forth in P.L.2003, c.210 (C. 55:19-78 et al.) and designated by resolution of the governing body of the municipality, except that in municipalities organized under the “mayor-council plan” of the Optional Municipal Charter Law, P.L.1950, c.210 (C. 40:69A-1 et seq.), the public officer shall be designated by the mayor.
“Qualified rehabilitation entity” means an entity organized or authorized to do business under the New Jersey statutes which shall have as one of its purposes the construction or rehabilitation of residential or non-residential buildings, the provision of affordable housing, the restoration of abandoned property, the revitalization and improvement of urban neighborhoods, or similar purpose, and which shall be well qualified by virtue of its staff, professional consultants, financial resources, and prior activities set forth in P.L.2003, c.210 (C. 55:19-78 et al.) to carry out the rehabilitation of vacant buildings in urban areas.
“Utility” means any electric or natural gas public utility that is regulated under the jurisdiction of the Board of Public Utilities.
L.2003,c.210,s.3; amended 2005, c.118, s.12; 2006, c.24, s.2.