[Adopted 5-12-2015 by L.L. No. 2-2015]
This article shall be known as the "Foreclosure Inspection Law"
of the City of Olean.
For the purposes of this article only, the following words shall
be interpreted and defined as follows:
BUILDING
Any building, structure or portion thereof used for residential,
commercial, or industrial purpose.
CERTIFICATE OF CONTINUED OCCUPANCY
That document issued by the City of Olean upon determination by the Code Enforcement Office or its designee that a dwelling is fit for human habitation in accordance with the provisions of the ordinances of the City of Olean and the laws, rules and regulations of the State of New York. This certificate shall be issued in the same manner as a certificate of occupancy under Olean City Code Chapter
26.
DIRECTLY
A conveyance at a public sale under Article
13 of the New York Real Property Actions and Proceedings Law or Article
11 of the New York Real Property Tax Law.
FORECLOSED PROPERTY
Any property in the City of Olean that is being transferred directly or indirectly as a result of a proceeding commenced under Article
13 of the New York Real Property Actions and Proceedings Law or Article
11 of the New York Real Property Tax Law.
INDIRECTLY
A conveyance where the seller is a mortgagee conveying title as a result of having acquired the same through a deed in lieu of a foreclosure or judicially through a tax foreclosure under Article
11 of the New York Real Property Tax Law.
RECORD OF CONVEYANCE
The procedure established under Chapter
C, Article
VI, Section
6.007 of the Charter of the City of Olean for the indexing and recording of all land conveyances in the City of Olean required before the conveyance can be recorded in the office of the Cattaraugus County Clerk.
The mortgagee or lienholder of a foreclosed property seeking to obtain or transfer title to property for which a certificate of continued occupancy is required under this article shall make application therefor to the City of Olean Code Enforcement Office on application forms furnished for that purpose. The fee for the inspection and certificate shall be as set forth in Chapter
6 and shall be payable to the City of Olean in advance of the inspection.
To the extent not specifically addressed herein, any party or property subject to this article shall have all the procedural remedies available under Chapter
26 of the Olean City Code of Ordinances.