§ 4-12.604. Inspection and Registration of Previously Abandoned Properties.  


Latest version.
  • Any beneficiary/trustee who holds a deed of trust on a property located within the City of Modesto, which property is, on the effective date of the ordinance codified in this article: (1) under a current notice of default; (2) under a current notice of trustee's sale; (3) pending a tax assessor's lien sale; (4) that has been subject of a foreclosure sale where the title was retained by the beneficiary of a deed of trust involved in the foreclosure; and (5) which was transferred under a deed in lieu of foreclosure/sale, shall, on or before June 30, 2008, perform an inspection of the property that is the security for the deed of trust. If the property is found to be vacant or shows evidence of vacancy, it is, by this article, deemed abandoned and the beneficiary/trustee shall, within ten (10) days of the inspection, register the property with the City Manager, or his/her designee, on forms provided by the City.

(Amended by Ord. 3514-C.S., § 1, effective 6-12-09)