9.33.060 - Inspection and registration of previously abandoned real property.

Any beneficiary and trustee who holds a deed of trust on real property located with the City of Commerce, which property is distressed (as defined by this chapter) on the effective date of this chapter, shall, on or before January 1, 2010, perform an inspection of the real property that is the security of the deed of trust. If the real property is found to be vacant or shows evidence of vacancy, the beneficiary and trustee shall register the real property with the city, on city-approved forms, within ten calendar days of the inspection.

(Ord. No. 621, § 1, 9-29-2009)