(a) The purpose of this Chapter is to establish a registration program for foreclosed residential properties to provide contact information for lenders and others acquiring such property, encourage them to obtain local agents to deal with such property, and enforce maintained and security standards whether such property has been neglected during the foreclosure process or abandoned.
(b) This Chapter is not intended to and does not impose on foreclosed properties higher maintenance standards then required of other residential properties within the City.
(c) This Chapter is not intended to change the standards for property maintenance set out in Canyon Lake Municipal Code Chapter 11.20 but to establish a procedure to confirm compliance for defaulted and abandoned foreclosed properties.
(Ord. 118, passed 10-6-2010)