(a) Upon default by the trustor, any beneficiary or trustee who holds a deed of trust on a property located within the City of La Mirada shall perform an inspection of the property that is the security for the deed of trust, prior to recording a notice of default with the Los Angeles County Recorder's Office. If the property is found to be vacant or shows evidence of vacancy, it is, by this chapter, deemed abandoned and the beneficiary or trustee shall, within thirty days of the inspection, register the property with the building official or his or her designee on forms provided by the city.
(b) The registration form shall contain the name of the beneficiary or trustee, whether a corporation or an individual, the direct street or office mailing address of the beneficiary or trustee (no P.O. boxes), a direct contact name and phone number for the beneficiary or trustee, and in the case of a corporation or out-of-area beneficiary or trustee, the local property management company responsible for the security, maintenance and marketing of the property. A registration fee in such amount as established by resolution of the city council, and covering the cost of administering the provisions of this Chapter 9.124, shall be paid annually.
(c) A registration shall be valid for one year from the date the registration form is received by the city. Subsequent registrations are due annually for as long as the property is abandoned.
(d) This chapter shall also apply to properties that have been the subject of a foreclosure sale where the title was retained by the beneficiary of a deed of trust involved in the foreclosure or transferred under a deed in lieu of foreclosure or sale.
(e) Property shall be subject to this chapter's requirements as long as any such property remains vacant.
(f) Any person, firm or corporation that has registered a property under this chapter must report, in writing, any change of information contained in the registration within thirty days of the change to the building official. (Ord. 626, § 1, 2009).