Pennsylvania § 2103 - Definitions.
Full text of Pennsylvania Pennsylvania Consolidated Statutes § 2103 — Definitions., with citation guidance and answers to common questions.
§ 2103. Definitions.
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Board." The board of directors of a land bank.
"Department." The Department of Community and Economic Development of the Commonwealth.
"Financial institution." A bank, savings association, operating subsidiary of a bank or savings association, credit union, association licensed to originate mortgage loans or an assignee of a mortgage or note originated by such an institution.
"Land bank." A public body and a body corporate and politic established under this chapter.
"Land bank jurisdiction."
(1) a county, a city, a borough, a township and an incorporated town with a population of more than 10,000; or
(2) two or more municipalities with populations less than 10,000 that enter into an intergovernmental cooperation agreement to establish and maintain a land bank.
"Low income." A household with total income at or below 80% of the area median income, adjusted for household size, as defined annually by the United States Department of Housing and Urban Development.
"Municipality." A county, city, borough, incorporated town, township or home rule municipality.
"Owner-occupant." A natural person with a legal or equitable ownership interest in property which was the primary residence of the person for at least three consecutive months at any point in the year preceding the date of initial delinquency.
"Real property." Land and all structures and fixtures thereon and all estates and interests in land, including easements, covenants and leaseholders.
"School district." Any of the classifications of school districts specified in section 202 of the act of March 10, 1949 (P.L.30, No.14), known as the Public School Code of 1949. The term includes, as to any real property acquired, owned or conveyed by a land bank, the school district within whose geographical jurisdiction the real property is located.
Frequently Asked Questions About Pennsylvania § 2103
What does Pennsylvania Consolidated Statutes § 2103 cover?
Section 2103 ("Definitions.") is part of the Pennsylvania Consolidated Statutes, the codified statutory law of Pennsylvania. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Pennsylvania § 2103?
A common citation format is "Pennsylvania Consolidated Statutes § 2103" (Pennsylvania). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Pennsylvania law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Pennsylvania official source linked on this page or consult a licensed Pennsylvania attorney.
How does Pennsylvania § 2103 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Pennsylvania can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Pennsylvania.