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Any residential property located within the City of Wildomar that is vacant, distressed, or abandoned is subject to registration by the trustee or other beneficiary within ten days of the required property inspection.
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Registration is valid for one calendar year (or portion thereof) and expires on December 31 of the year registered. Renewal registrations must be completed between January 1 and January 31.
$100 per year.
Abandoned properties shall be maintained in a manner comparable to the neighborhood. At a minimum, abandoned properties shall be maintained as follows:
Prior to recording a Notice of Default, an inspection of the property is required. Inspections must be performed monthly until property in default/foreclosure is remedied, or property becomes vacant or shows signs of vacancy.
Trustees/Lenders are responsible for the maintenance of the property to the standard of the neighborhood, and to secure from potential public health or safety risks due to the distressed or abandoned status. Responsibilities are considerable, and include, but are not limited to inspections, maintenance, security, and registration and property signage as required under the ordinance.
The trustee or other beneficiary (a person, firm, or corporation) holding a dead of trust on a residential property.