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1415.01 CERTIFICATE OF INSPECTION REQUIRED.
(a) The owner of improved real estate used or intended to be used for residential purposes shall obtain a certificate of inspection prior to selling, transferring, or conveying an interest or entering into an agreement to sell, transfer or otherwise convey an interest in such property, including the transfer of a property by land installment contract.
(b) No owner of real estate described in subsection (a) above shall sell, transfer or otherwise convey an interest or enter into an agreement to sell, transfer or otherwise convey an interest in such property, including by land installment contract, without first presenting the prospective purchaser or grantee with a copy of a certificate of inspection or a copy of a certificate of compliance issued by the Director of Building and Housing within one year prior to the agreement.
(c) In the event the real estate described in subsection (a) above is sold at Sheriff's sale or other court-ordered auction, or is transferred from a mortgagor to a mortgagee in lieu of foreclosure, or similar transaction, and no certificate of compliance has been issued within one year prior to such sale, the purchaser or transferee shall apply in writing to the Director within thirty days after the date of sale or transfer for an inspection of the property, and shall otherwise comply with the requirements of this Chapter. The method of application and inspection shall be as set forth in Section 1415.02.
(d) This Chapter shall not apply to the individual transfer of property through inheritance, or by gift between family members, as defined in Section 1413.01 of the Housing Code, or between members of the same household, where no bona fide sale or arms length transaction is intended or takes place, or to the sale, transfer, conveyance or purchase of City-owned or privately-owned residential real estate when the purchaser is an entity that has an agreement with the City under a City program to provide support for the purchase or the purchase and rehabilitation of such real estate.
(e) This Chapter, and all references in this chapter, to the sale, transfer, conveyance or purchase of residential real estate, shall apply to the sale, transfer, or conveying of all or a part of a business, partnership, corporation, limited liability corporation, or other legal entity that owns a property otherwise covered under this chapter to a different individual or individuals, or to a different entity or entities, such that the actual ownership, operation or control of a property is transferred, whether or not a property is managed or owned, in whole or in part, by the same person or persons, or entity. (Ord. 17-92. Enacted 11-13-17.)