(A) No multiple family building shall be sold unless the seller furnishes the buyer with a presale inspection report dated no more than 120 days prior to the date of closing and dated no later than the day of the closing on the sale of said multiple family building. Said report shall be based on an inspection by the Building Official of all dwelling units and all interior and exterior common areas. The report shall state that such unit or building, as the case may be, complies with all applicable ordinances, codes, and regulations of the Village or, in the alternative, list with specificity the manner in which such unit or building does not comply with all applicable ordinances, codes, and regulations. The request for a presale inspection must be made, in writing to the Building Official, not less than 30 days prior to the scheduled date of the closing. The presale inspection fee shall be based on the number of inspector hours required to make said inspections and prepare the required report. The fee shall be $40 per hour per inspector. In the event a presale inspection report is requested and the annual inspection authorized by this subchapter has not yet been performed for the current license year, the license fee paid for the current license year shall be credited towards the presale inspection fee. The presale inspection fee shall be paid in the office of the Department of Community Development at the time of delivery of the presale inspection report.
(B) An inspection made pursuant to this section satisfies the annual inspection authorized by § 98.07. A sale for purposes of this section includes contract sales, exchanges, conversions to condominiums, and transfers of possession or control of any multiple family building. Any person participating in such a sale in violation of this section, either as seller, buyer, or by receipt of a sales commission, in connection therewith shall be deemed in violation of this section and be subject to the penalties as provided for in this code. Any contract executed in violation of this section shall be voidable by the buyer. Notwithstanding the foregoing, any buyer shall be responsible for complying with each and every provision of this subchapter. Within 5 days of receipt of a presale inspection report, the buyer shall submit to the Building Official an executed letter setting forth a timeframe within which the buyer shall remediate any outstanding violations of the ordinances, codes, and regulations listed on said presale inspection report.
(Ord. 94-1890, passed 10-11-94; Am. Ord. 95-1909, passed 1-28-95; Am. Ord. 99-2148, passed 1-12-99; Am. Ord. 18-4110, passed 12-20-18) Penalty, see § 98.99