An owner who has registered an affected property under § 6–811 of this subtitle shall: Renew the registration of the affected property on or before December 31 of each year or according to a schedule established by the Department by regulation; and Update the information contained in the owner’s registration required by § 6–811(b)(1) through (5) of this subtitle within 30 days after any change in the information required in the registration. An owner who first acquires affected property after December 1, 1995 shall register the affected property under § 6–811 of this subtitle within 30 days after the acquisition.