of a financial agreement between a lender and purchaser, has
been placed in the legal process by the lender to recover the
property.
"Foreclosure proceedings." Legal actions taken by a
mortgagee under section 403-C of the act of December 3, 1959
(P.L.1688, No.621), known as the Housing Finance Agency Law.
"Legal occupant." A person renting or leasing a foreclosed
property from the owner under a rental or lease contract or a
party to a mortgage agreement in which the owner has initiated
foreclosure proceedings and allows the occupants to continue to
inhabit the foreclosed property during the mitigation process.
"Legally occupied." The rental or lease of a foreclosed
property by an owner or agreed habitation during the foreclosure
mitigation process.
"Locally based." Residing within or maintaining one's
primary place of business within the same municipality as, or
within 20 miles of, the property being registered.
"Municipal maintenance agreement." A contractual agreement
between an owner or responsible party of a foreclosed property
and a municipality in which the owner or responsible party
compensates a municipality to maintain the foreclosed property
in accordance with section 7(a).
"Owner." A person, entity, service company, property manager
or real estate broker who alone or severally with others:
(1) has legal or equitable title to any dwelling,
dwelling unit, mobile dwelling unit or parcel of land, vacant
or otherwise, including a mobile home park;
(2) has care, charge or control of any dwelling,
dwelling unit, mobile dwelling unit or parcel of land, vacant
or otherwise, including a mobile home park, in any capacity,
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