Every new owner of residential rental property (whether as fee owner or land installment contract vendor) shall be required to furnish to the Office of the Village Manager the information required in Section 1 before taking possession of the property. Except for the interim registration fee, no registration fee shall be required of the new owner during the year in which possession takes place, provided that the previous owner has paid all registration fees and has complied with all requirements of this ordinance and any notices from any applicable governmental agency concerning violations of health, zoning, fire or safety codes.
(Ord. 18-2018. Passed 6-5-18.)