§ 18-123. Registration of vacant or foreclosed property.

(a)

Owner or agents of foreclosed real property or vacant real property, including foreclosed real property and vacant real property which is also residential rental property, are required to register such property with the department within 30 days of such property becoming foreclosed or vacant real property by following the provisions of this section unless otherwise exempted by this article or state law.

(b)

Any such owner or agent of foreclosed real property or vacant real property located within the jurisdiction of the city is required to file with the department the registration form promulgated by the Georgia Department of Community Affairs.

(c)

Registration is required for all vacant or foreclosed real property unless otherwise exempted, pursuant to this article, but is not required for vacant or foreclosed real property within 90 days of such real property's transfer:

(1)

Pursuant to a deed under power of sale or deed in lieu of foreclosure; or

(2)

To the first subsequent transferee after the vacant real property has been acquired by foreclosure under power of sale pursuant to the O.C.G.A. § 44-14-160, or acquired pursuant to a deed in lieu of foreclosure.

(d)

Any owner or agent required to register any vacant or foreclosed real property pursuant to this article or to Georgia law shall also be required to update the information specified in subsection (a) of this section within 30 days after any change in such required information regardless of whether the information provided to the registry was in the deed under power of sale or deed in lieu of foreclosure.

( Ord. No. 03-2014, § 1(Exh. A), 5-28-14 )