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Version 9/21/2018 for Council Packet <br /> expanding the structure's finished square footage by 33% or more, or 3) upon issuance <br /> of a building permit that increases the value of a home by at least$10,000. <br /> 51.201 TRANSFER OF PROPERTIES. <br /> (A) Whenever a conveyance of land occurs, the following requirements shall be met: <br /> (1) The seller of the property is responsible for providing a completed City of <br /> Centerville point of sale certificate, with any required attachments, to the buyer at <br /> or before closing. These documents shall provide the status and location of all <br /> known private water or private sewer connections and components thereof on the <br /> property and, if applicable, the requirements for bringing the dwelling or other <br /> structure into compliance with this chapter; <br /> (2) The buyer is responsible to file the City of Centerville point of sale certificate,and <br /> required attachments, along with the certificate of real estate value at the County <br /> Auditor's Office;and <br /> (3)If the seller fails to provide a certificate of compliance,sufficient security must be <br /> established in the form of an escrow account to assure the installation of connections <br /> to public water and public sewer. The security,in the amount set forth in the City of <br /> Centerville Fee Schedule,shall be placed in an escrow with the City, a licensed real <br /> estate closer, licensed attorney-at-law, or federal or state chartered financial <br /> institution. Connecting to public water and public sewer must be installed within the <br /> time frame established in§§52.199.After connecting to public water and public <br /> sewer, and a certificate of compliance issued, the escrow may be released. Escrow may <br /> be incrementally released to contractors if approved by the city. <br /> (e) The compliance with this chapter is not required if the sale or transfer involves one of <br /> the following circumstances: <br /> (1)Dwellings or other structures connected to the public water or public sewer <br /> systems; <br /> (2)Dwellings or other structures where a connection to the public water or public <br /> sewer systems are not available; <br /> (3)Tract of land is vacant or contains no structures with plumbing fixtures; <br /> (4)The existing dwelling or other structure with plumbing has been abandoned per§ <br /> 52.058. (Compliance by filing a certificate of plumbing abandonment with the City.); <br /> (5)The transfer does not require the filing of a certificate of real estate value, as <br /> described in M.S. §272.115; <br /> (6)The transfer is a foreclosure or tax forfeiture. This subsection applies only for the <br /> transfer from the original mortgagee, to the financial/lending institution or local unit of <br /> government. The subsequent transfer shall meet the requirements of this chapter; <br /> (7)A refinance of a property; <br /> 23 <br />