(a) Any Transferor who fails to provide the disclosure required in Section 5102 may be liable for a civil penalty of $2,000 for each failure to provide the disclosure. This penalty may be assessed and recovered in a civil action brought by a Transferee in any court of competent jurisdiction. The civil penalty available under this subsection (a) shall be in addition to any other rights and remedies that may be available to the Transferee.
(b) This Article 51 shall not create any private right of action against the City. In enacting and implementing this Article, the City is assuming an undertaking only to promote the general welfare. It is not assuming, nor is it imposing on its officers and employees, an obligation for breach of which it is liable in money damages to any person who claims that such breach proximately caused injury. The City shall have no duty or liability based on any failure to implement the disclosure required by this Article or based on the City’s failure to prosecute or enforce this disclosure requirement.
(Added by Ord. 35-19, File No. 181108, App. 3/8/2019, Eff. 4/8/2019)