abandoned property

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abandoned property

n. property left behind (often by a tenant) intentionally and permanently when it appears that the former owner (or tenant) does not intend to come back, pick it up, or use it. Examples may include possessions left in a house after the tenant has moved out or autos left beside a road for a long period of time, to patent rights of an inventor who does not apply for a patent and lets others use his invention without protest. One may have abandoned the property of contract rights by not doing what is required by the contract. However, an easement and other land rights are not abandoned property just because of non-use. (See: abandon, abandonment)

References in periodicals archive ?
The Detroit Land Bank is a public entity that acquires, holds, manages, develops and disposes of vacant and abandoned properties.
Quote: Lot mowing and debris removal of vacant / abandoned properties
Ensuring that abandoned properties do not fall into extreme disrepair keeps neighborhoods lively and prevents taxpayers from carrying the expense," Governor Cuomo said.
Notably, the GRC spoke on a panel before the Vacant and Abandoned Properties Task Force, underscoring how its resources can help mayors address issues involving graffiti vandalism on vacant or abandoned properties.
The Attorney General's program bill, the Abandoned Property Neighborhood Relief Act, aims to reduce the number of vacant and abandoned properties falling into disrepair across the state.
In addition, when borrowers abandon property, the measure will propose mortgage lenders and servicers identify secure and maintain abandoned properties soon after they are abandoned.
Utilization of abandoned properties to create new units of affordable housing: In urban, suburban and rural areas, the utilization of underused or abandoned properties to provide permanent or interim housing for low- and moderate- income individuals provides a tremendous opportunity to reverse neighborhood and community decline.
The Commission of Abandoned Properties in Nyaruguru District instructed NKTF to deposit any monies or any other benefits due to Ayabatwa in the District's own bank account for "safekeeping.
Ministers also hope the changes will make renting easier for 16 and 17-year-olds, remove differences on grounds for eviction and make it easier for landlords to recover abandoned properties.
New Orleans' BlightStat is a tool that measures and tracks city performance toward the mayor's goal of reducing the number of decaying, abandoned properties by 10,000 in 2014.
Identifying abandoned properties is the easy part, according to Lee Jarvis, health agent for Spencer, North Brookfield and Brookfield.
With almost a million unoccupied homes, would it not be better to allow local councils to take ownership of abandoned properties, renovate them and use them for social housing.