§ 18-102. Registry of foreclosed real property.

(a)

Any person who holds foreclosed real property shall, no sooner than sixty (60) days but no later than ninety (90) days after the effective date of the real property's foreclosure transfer to said person, register with the county official the following information for each foreclosed real property, as identified by its tax parcel number:

(1)

The real property owner's name, street address, mailing address, phone number, facsimile number, and e-mail address;

(2)

The agent's name, street address, mailing address, phone number, facsimile number, and e-mail address;

(3)

The real property's street address and tax parcel number;

(4)

The transfer date of the instrument conveying the real property to the owner; and

(5)

At such time as it becomes available, recording information, including deed book and page numbers, of the instrument conveying the real property to the owner.

(b)

Any persons who holds foreclosed real property shall pay to the county official, for each registered foreclosed real property, as identified by its tax parcel number, a fee of one hundred dollars ($100.00).

(c)

A person shall be exempt from registering foreclosed real property if it is acquired by foreclosure under power of sale pursuant to O.C.G.A. § 44-14-160 or acquired pursuant to a deed in lieu of foreclosure, and the deed under power of sale or deed in lieu of foreclosure contains:

(1)

The information specified in subsection (a) of this section;

(2)

The deed is filed with the clerk within sixty (60) days of the transfer; and

(3)

Proof of the following is provided to the director:

a.

A filing date stamp or a receipt showing payment of the applicable filing fees; and

b.

The entire deed under power of sale or entire deed in lieu of foreclosure.

(Ord. No. 12-09, Pt. I, 5-22-12; Ord. No. 14-04 , Pt. I, 6-10-14)