For the purpose of this chapter, certain words and phrases used in this chapter are defined as follows:
"Abandoned"means a real property that is vacant and is under a current notice of default or notice of trustee's sale, pending tax assessor's lien sale, a real property that has been subject to a foreclosure sale where the title in the real property was retained by the beneficiary of a deed of trust involved in the foreclosure sale and a real property transferred under a deed in lieu of foreclosure or sale.
"Beneficiary"means a lender under a note secured by a deed of trust.
"Days"means consecutive calendar days.
"Deed in lieu of foreclosure or sale"means a recorded document that transfers ownership of a property from the trustor to the holder of a deed of trust upon the consent of the beneficiary of the deed of trust.
"Deed of trust"means an instrument by which title to real estate is transferred to a third party trustee as security for a real estate loan. This definition applies to any and all deeds of trust, i.e., second trust deed, third trust deed, etc., regardless of their relative recording dates.
"Default"means the failure to fulfill a contractual obligation, whether monetary or conditional.
"Evidence of vacancy"means any condition or conditions present on real property which 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 mail, past due and disconnect utility notices, accumulation of trash, junk and debris, the absence of window coverings such as curtains, blinds and/or shutters, the absence of furnishings and personal items consistent with residential habitation, and statements based on observations by neighbors, passersby, delivery agents or government employees that the property is vacant.
"Foreclosure"means the process by which a property, placed as security for a loan, is sold at a sale, trustee's sale, auction or other means to satisfy the secured debt if the trustor (borrower) defaults.
"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.
"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 any real property.
"Property"means any unimproved or improved real property or portion thereof, situated in the city and includes the buildings or structures located on the property regardless of condition.
"Trustee"means the person, partnership, co-partnership, association, corporation, or fiduciary holding a deed of trust on a property.
"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 or structure that is not legally occupied.
(Ord. 1913 § 1, 2008)