(a) No person acting in the capacity of an escrow agent in any real estate transaction involving the bona fide sale or conveyance of any interest in a dwelling structure, or any other building or structure or land upon which such building or structure is located in the Village, shall file for record an instrument to transfer title thereto or disburse any funds from such sale unless the provisions of this chapter have been satisfied, including, but not limited to, the specific provisions of Section 1355.05.
(b) No person shall sell, by land contract or otherwise, any interest in any existing building or structure in the Village without furnishing the buyer, prior to such sale, with proof that the lateral sewers on the subject property from the building to the mains are in good condition and free from infiltration and, when an escrow has been established, without depositing in such escrow, prior to the delivery, possession or transfer of title, a statement from the buyer acknowledging receipt of such proof relating to the condition of the sewer pipe.
(Ord. 2014-004. Passed 2-13-14; Ord. 2017-08. Passed 7-13-17.)