The owner of record shall comply with all applicable state laws and city ordinances and shall notify the city's Development Director of any changes in the information supplied as part of the vacant building registration, within 30 days of the change. Any change in the vacant building registration must be approved by the city's Development Director. The following additional requirements shall apply:
(A) The owner of record shall keep the vacant building secured and shall keep the building and grounds maintained until the rehabilitation or demolition of the building has been completed. Residential vacant buildings shall not be used for storage.
(B) Failure of the owner of record to maintain the vacant building and grounds such that abatement of violations by the city is required, shall be grounds for revocation of the vacant building registration plan and the owner of record shall be subject to any applicable penalties provided by law.
(C) In the event of a sale of the building or grounds by the owner of record to a purchaser, the purchaser shall re-register the vacant building with the city's Development Director within 30 days of the transfer of ownership or interest in the vacant building. The new owner of record shall comply with the approved vacant building registration plan and timetable unless any proposed changes in the plan are submitted to and approved by the city's Development Director.