Unless exempted from this chapter by Section 8.40.030, no person or entity shall transfer by sale, installment land contract (as defined in Civil Code 2985), lease with an option to purchase, or groundlease coupled with improvements, any real property within the city which is improved with four or more dwelling units and which is over ten years old from the date of completion of original construction, without:
A. Obtaining from the city and providing to the prospective transferee of the property a "residential inspection report" containing the information set forth in Section 8.40.050; and
B. Making any repairs indicated by that report as necessary to correct electrical, plumbing, heating and structural deficiencies of the residence.
(Ord. 86-08-976 § 1 (part))