"Qualified property"

Sec. 3. As used in this chapter, "qualified property" means commercial or residential real property, including a structure or building located on the real property, that: (1) is the subject of an order for demolition and removal issued under IC 36-7-9-5(a)(6) or IC 36-7-9-5(a)(7); (2) is: (A) vacant or abandoned; (B) blighted; or (C) otherwise structurally damaged; and (3) poses a public health or safety risk in the community, including by contributing to crime. As added by P.L.195-2023, SEC.6.