The court may, after hearing and finding the dwelling unit or building constitutes a nuisance:

(1) Appoint a receiver and direct that present and future rents due from one or more occupants be paid by the occupant or occupants with such receiver as such rents fall due; or

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(2) Allow the owner a reasonable time to correct the deficiencies.

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Any rents paid pursuant to the provisions of this section shall be applied to the costs incurred due to the abatement and receivership. Upon the completion of the work required to abate the nuisance, any remaining surplus after authorized disbursements and payments of cost shall be forwarded to the owner, together with a complete accounting of the rents paid and the costs incurred.