Sec. 5. (a) This section does not apply to a political subdivision with a rental registration or inspection program created before July 1, 1984.
(b) This chapter does not prohibit a political subdivision from establishing and enforcing a registration program for rental units within the political subdivision.
(c) A political subdivision may impose on an owner or landlord of a rental unit an annual registration fee of not more than five dollars ($5).
(d) A registration fee imposed under subsection (c) covers all the rental units in a rental unit community. However, if a rental unit is not part of a rental unit community, a registration fee may be imposed for each separate parcel of real property on which a rental unit is located.
(e) If the ownership of a rental unit community or the ownership of a parcel of real property on which a rental unit is located changes, a political subdivision may require the new owner of the rental unit community or new owner of the real estate parcel to:
(1) pay an annual registration fee of not more than five dollars ($5); and
(2) provide updated registration information to the political subdivision;
not later than thirty (30) days after the change of ownership.
As added by P.L.193-2014, SEC.8.