Final answer:
The building owner must assign a property manager or similar responsible party to ensure that the building complies with all legal and regulatory requirements.
Step-by-step explanation:
The phrase 'THE BUILDING OWNER SHALL ASSIGN A(N) ____________ TO COMPLY WITH REQUIREMENTS' implies that the building owner has the responsibility to designate a person or entity responsible for ensuring that the building complies with legal and regulatory requirements.
This typically involves assigning a property manager or another individual who has the authority to oversee the property and ensure that it meets various codes, regulations, and standards.
As per the reference to 'PRIVATE PROPERTY' and 'RIGHT TO PASS BY PERMISSION, AND SUBJECT TO CONTROL, OF OWNER', this assignment of a property manager or responsible party aligns with the notion that the owner controls access and maintains responsibility over the property.
The mention of 'POSSESSION' in the context also suggests that the owner must manage circumstances where possession of the property changes, highlighting the importance of having a reliable figure to handle such responsibilities.