The following steps must be completed as a part of the UAIZ Contract recordation process:
(a) The property owner must record the UAIZ Contract with the Los Angeles County Registrar-Recorder/County Clerk;
(b) The property owner must provide the DAA with two certified copies of the recorded UAIZ Contract;
(c) The DAA shall provide a certified copy of the recorded UAIZ Contract to the Los Angeles County Office of the Assessor, in a form approved by the Assessor, and maintain a certified copy of the recorded UAIZ Contract in the City's files, in a form approved by the City;
(d) The DAA shall notify the property owner after the UAIZ Contract has been delivered to the Assessor's Office;
(e) Commencement date of the UAIZ Contract may be subject to limitations imposed by the County and the DAA; and
(f) The term of an approved UAIZ Contract shall commence on the first day of January following recordation of the UAIZ Contract.
SECTION HISTORY
Added by Ord. No. 185,022, Eff. 8-6-17.