A. When the ownership of any portion of a tract of real property, less than the entire tract, is transferred, any lien against the property in favor of the city shall, upon request of the owner of any portion of the tract, be segregated as provided by this section.

B. Applications for the segregation of liens shall be made to the recorder, describing the tract to be segregated and the names of the owners of the respective tracts. A certificate of the county assessor shall be furnished showing the assessed valuation of the various tracts of land concerned as of January of the year in which the segregation is requested, if available, and if not available, as of January 1st of the preceding year.

C. The recorder shall compute a segregation of the lien against the real property on the same basis as the original was computed and apportioned, and the segregation shall be reflected in the city lien docket. No segregation shall be made unless all parts of the original tract of land after the segregation have a true cash value, as determined from the certificate of the assessor, of 60 percent or more of the amount of the lien as to various tracts concerned. [Ord. 897 § 22, 2015.]