Common use of ABANDONED PREMISES Clause in Contracts

ABANDONED PREMISES. The required redemption period for abandoned premises is, at a minimum, five (5) weeks. A redemption period based on abandoned premises requires an affirmative finding of abandonment by the Judiciary based on evidence submitted by the Comprehensive Housing Division on behalf of the Nation. (1) In determining whether the mortgaged premises have been abandoned, the Judiciary shall consider the totality of the circumstances, including the following: (A) Boarded, closed or damaged windows or doors to the premises; (B) Missing, unhinged or continuously unlocked doors to the premises; (C) Terminated utility accounts for the premises; (D) Accumulation of trash or debris on the premises; (E) At least two (2) reports to law enforcement officials of trespassing, vandalism, or other illegal acts being committed on the premises when the mortgagor is not present; and (F) Conditions that make the premises unsafe or unsanitary or that make the premises in imminent danger of becoming unsafe or unsanitary. (2) The Comprehensive Housing Division may include testimony from a representative of the city, town, village or county where the mortgaged premises is located as part of its evidence of abandonment.

Appears in 3 contracts

Sources: Mortgage and Foreclosure Agreement, Mortgage and Foreclosure Agreement, Mortgage and Foreclosure Agreement