Delinquent property definition

Delinquent property means a property that has delinquent property taxes and/or municipal charges billed by the municipality. This term includes a property that has had delinquent taxes and/or municipal charges purchased by a lien holder at a tax sale.
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Examples of Delinquent property in a sentence

  • Allowable uses of the funds will include the following: • Delinquent mortgage payments; • Late fees, inspection fees, and attorney fees related to a successful/closed loan modification; • Delinquent property taxes advanced by the servicer or escrow shortage; and • Up to one year of standard homeowner’s insurance if a lender/servicer has previously imposed forced-placed insurance on the property.

  • Delinquent property taxes and costs are recovered, and limited-use parcel is identified for appropriate public purposes.

  • Delinquent property taxes and costs are recovered, and the limited-use parcels are identified for appropriate public purposes.

  • Delinquent property tax exists and does likely appear on the love commitment.

  • Allowable uses of the funds will include the following: • Delinquent mortgage payments; • Late fees; • Inspection fees, and attorney fees related to a successful/closed loan modification; • Delinquent property taxes or escrow shortage; and • Up to one year of standard homeowner’s insurance if a lender/servicer has previously imposed forced-placed insurance on the property.

  • Delinquent property taxes and costs are recovered, and the limited-use parcel is identified for appropriate public purpose.

  • Delinquent property taxes and costs are recovered, and the limited-use parcel is identified for appropriate public purposes.

  • Allowable uses of the funds will include the following: • Delinquent mortgage payments; • Late fees, inspection fees, and attorney fees related to a successful/closed loan modification; • Delinquent property taxes or escrow shortage; and • Up to one year of standard homeowner’s insurance if a lender/servicer has previously imposed forced - placed insurance on the property.