Have You Registered Your Residential Rental Property

Effective September 28th (2006), new law requires that property owners of residential rental property must register those homes with the County Auditor of the county that the property is located in (House Bill 294). Residential rental property means:

- real property
\r - one or more dwelling units leased or rented solely for residential purposes
\r - mobile home park or site where lots are leased for parking mobile/manufactured homes/RVs for residential purposes

Below is the information that must be registered:

1. The name, address and phone number of the owner; if the residential rental property is owned by a trust, business trust, estate, partnership, limited partnership, limited liability company, association, corporation or any other business entity, the name, address and phone number of the following:

* A trustee, in the case of a trust or business trust;

* The executor or administrator, in the case of an estate

* A general partner, in the case of a partnership or a limited partnership

* A member, manager or officer, in the case of a limited liability company

* An associate, in the case of an association;

* An officer, in the case of a corporation

* A member, manager or officer in the case of any other business entity

2. The street address and parcel number of the residential rental property.

3. Any owner of residential rental property who resides outside of the state must designate a person who resides in the state to serve as the owner\'s agent for the acceptance of service of process on behalf of the owner in any legal action or proceeding in the state. Any owner who designates an agent must also file the name, address and telephone number of the agent.

Also, in accordance with this Bill, all information is considered public record.

Last, the property owner is required to update the information (listed above) within ten days after any change in the information occurs.

Don\'t take this too lightly. Any owner failing to comply with the filing or updating of these requirements is considered in violation and is guilty of a minor misdemeanor.

Be sure and register your residential rental property now!

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