Property Registration
If the ownership of a non-owner occupied residential dwelling or dwelling unit is transferred, any property registration shall become void. A
Property Registration Application (PDF) must be made at the time of closing by the purchaser, transferee, or grantee. The seller of the non-owner occupied residential dwelling or unit must notify the Community Development Department within 45 days of the sale or transfer and provide the name and address of the purchaser or transferee.
100% Principal Residence Exemption
Unless the purchaser or transferee files a 100% Principal Residence Exemption with the city assessor, that purchaser or transferee must register the non-owner occupied residential dwelling or dwelling unit within 45 days after close of sale.
Regulations
No refunds or credits of fees will be given when there is a transfer of ownership. Failure to register within 45 days after close of sale will incur late registration fees of $5 per unit per day.