§ 2-634 — Sales and rentals exempted

Sec. 2-634. - Sales and rentals exempted.

(a) Subject to subsection (b) of this section, sections 2-625 through 2-628 of this division do not apply to: (1) The sale or rental of a single-family house sold or rented by an owner if: a. The owner does not: 1. Own more than three (3) single-family houses at any one time, and 2. Own any interest in, nor is there owned or reserved on his behalf, under any express or voluntary agreement, title to or any right to any part of the proceeds from the sale or rental of more than three (3) single-family houses at any one time; and b. The house is, or was sold or rented without: 1. The use of the sales or rental facilities or services of a real estate broker, agent, or salesman licensed under applicable state law or of an employee or agent of a licensed broker, agent, or salesman, or the facilities or services of the owner of a dwelling designed or intended for occupancy by five (5) or more families; and 2. The publication, posting, or mailing of a notice, statement or advertisement prohibited by section 2-629 of this division; or (2) The sale or rental of rooms or units in a dwelling containing living quarters occupied or intended to be occupied by no more than four (4) families living independently of each other if the owner maintains and occupies one of the living quarters as the owner's residence. (b) The exemption set forth in subsection (a)(1) of this section applies only to one sale or rental within a 24-month period if the owner did not reside in the house at the time of sale or rental or was not the most recent resident of the house prior to the sale or rental.

(Ord. No. 2013-09-05-0577, § 1, 9-5-13)