For the purpose of this chapter, the following terms, phrases, words and their derivations shall have the meanings given herein:
Any property that is determined to be abandoned pursuant to the Abandoned Properties Rehabilitation Act, N.J.S.A. 55:19-78 et seq.
Any person or entity holding a note, mortgage or other interest secured by the building or any part thereof.
The holder or holders of title to an abandoned property.
Any building or structure and the land appurtenant thereto.
The person designated by the municipality pursuant to N.J.S.A. 40:48-2.5 or any other officer of the municipality qualified to carry out the responsibilities set forth in the Abandoned Properties Rehabilitation Act and designated by the Mayor.
An entity organized and authorized to do business under the New Jersey Statutes which shall have as one of its purposes the construction or rehabilitation of residential or nonresidential 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 N.J.S.A. 55:19-78 et seq. to carry out the rehabilitation of vacant buildings in urban areas.