Columbia Transfer of ownership ordinance (§ 22-192)

(a) The following provisions shall apply to long-term rental units:

(1) Upon the transfer of record, legal title of any dwelling or portion thereof which has a certificate of compliance or a provisional certificate of compliance, the transferee shall either:

a. Apply for a new certificate of compliance or a provisional certificate of compliance and pay all fees pursuant to this article; or

b. Apply to transfer an existing certificate as provided in this section.

(2) The transferee may cause an existing certificate to be transferred for the unexpired portion of the term for which it was issued upon making written application to the housing and neighborhood services department, on forms to be supplied by the city, within ninety (90) days from the date of the transfer of title and upon payment of a fifteen dollar ($15.00) transfer fee per building. The application for transfer shall contain the same information and be in the same form as required for an original application. A transferred certificate of compliance shall not be extended beyond the original expiration date without further inspection.

(3) Nothing contained in this section shall affect the validity of any sale, transfer or disposition of any interest in real property.

(b) The following provisions shall apply to short-term rental units:

(1) The registration certificate of compliance is limited to operation of the short-term rental by the applicant/registrant who submitted the application and received the certificate. If there is a change of ownership of the property, the new owner must submit a new registration application for a certificate of compliance. If the registrant is not the owner of the property, within thirty (30) days of transfer of ownership of the real property the registrant is required to provide documentation of the continued right to possess and conduct a short-term rental within the dwelling unit following transfer of ownership of the real property. Failure to provide such documentation shall render the certificate null and void.

(2) Nothing contained in this section shall affect the validity of any sale, transfer or disposition of any interest in real property.