§ 96.27 CERTIFICATE OF RENEWAL AND NONTRANSFERABILITY.
   (A)   Registration certificates will initially be required on or before 7-1-2004. All registration certificates shall expire on June 30 of the year following its issuance and must be renewed annually. All information required by § 96.21(B) of this chapter must be submitted at the time of renewal.
   (B)   Every person who transfers title to property registered under this chapter shall provide the City Administrator with the name, residence address, telephone number and date of the transfer of title to the new owner within ten days of the date of the transfer. Within 30 days of the date of the transfer, the new owner shall apply for a new registration certificate. In the case of an option contract where the holder of the option is collecting rents and/or is paying on the mortgage to the property while the option remains unexercised, the holder of the option shall be deemed to be the owner of the property for purposes of this section and shall be required to apply for a rental registration certificate in his or her name. The date the option contract is created shall be deemed to be the date the holder of the option becomes the "owner" for purposes of this section.
   (C)   Registration certificates may not be transferred or assigned.
(Prior Code, § 28-10) (Ord. 800, passed - -)