University Park — Part XIV Title Six Housing § 1468-03
Required reports
Operative Text
(a) The owner or owner's agent shall report to the Village Manager or the Code Enforcement Department any change in the designation of the managing agent within seven (7) days of such change. Any conveyance in the legal or equitable interest in the building shall be reported to the Village Manager or Code Enforcement department within seven (7) days after execution of a contract to convey and at least fifteen (15) days prior to such conveyance, to allow ample time for the required point of sale inspection. (b) Upon entering into a new written lease, the owner or agent shall provide the Village Manager or the Code Enforcement Department, within thirty (30) days of the date the lease is entered into, the same information required in Section 1468-02 (e), (g), (h) and (i). (c) Any conveyance or transfers in the legal or equitable interest in property by way of foreclosure shall be reported by the party in possession or the owner of the property, within fifteen (15) days after such conveyance or transfer to the Village Manager or the Code Enforcement department.
University Park § 1468-03 establishes ongoing reporting obligations tied to key changes in a rental property's status. Owners or their agents must notify the Village Manager or Code Enforcement Department within seven days of a managing-agent change, and must report any pending sale both within seven days of signing a purchase contract and at least fifteen days before the actual transfer. New written leases trigger a thirty-day window to submit specified tenant and unit information, and foreclosure-related transfers must be reported within fifteen days of the conveyance by whoever holds possession or ownership.
Plain English — not legal advice.
Compliant operators under § 1468-03 maintain a calendar of reporting deadlines tied to management changes, sales contracts, new leases, and foreclosure events. When a managing agent changes, a report goes to the Village Manager or Code Enforcement Department within seven days; when a sale contract is signed, two separate notices are required — one within seven days of execution and another no later than fifteen days before closing to facilitate the required point-of-sale inspection. For each new written lease, operators submit the information specified in § 1468-02(e), (g), (h), and (i) within thirty days of the lease date.
General guidance for property managers — not legal advice for your specific situation. Consult an attorney for advice on your case.
Under § 1468-03, tenants can be aware that their building's ownership and management information is subject to mandatory reporting to the Village Manager or Code Enforcement Department, which helps ensure the municipality has current records about who is responsible for the property. If a building changes hands or a new managing agent takes over without the required notices being filed, that may represent a compliance gap that a tenant-rights organization or housing attorney could help evaluate. Tenants who believe reporting obligations have not been met may contact the University Park Code Enforcement Department directly to inquire about the property's registration status under § 1468-03.
General guidance for tenants — not legal advice for your specific situation. Consult a tenant-rights organization or attorney for advice on your case.
Generated November 10, 2026 — auto-generated, not yet human-reviewed. See /transparency for methodology.
Effective Timeline
References In
Rules and statutes that cite this regulation