(A) Upon any change in ownership of a rental dwelling, the new owner shall be required to apply for and obtain a new certificate within 30 days of completing the acquisition of the rental dwelling. The new owner shall comply with the registration requirements provided in § 163.04 of this chapter. There shall be no proration of the rental registration fee due to a change in ownership.
(B) A “CHANGE IN OWNERSHIP” means a voluntary or involuntary lawful transfer by deed, court order, court decree, will, or trust of all rights, title and interest in and to real estate on which one or more rental dwellings are located. The subleasing or assignment of a lease by a tenant to a subtenant shall not constitute a change of ownership.
(Ord. 9467, passed 2-6-24)