Page 24 - Loading

3) Sunsets the provisions described above eective January 1, 2026.
4) Declares that nothing in the Civil Code provisions governing mortgage liens exempts the legal owner of property purchased at a foreclosure sale from complying with applicable laws regarding the eviction or displacement of tenants, including but not limited to, notice requirements, requirements for the provision of temporary or permanent relocation assistance, the right to return, and just cause eviction requirements.
5) It increases local governments’ authority to assess nes on owners of blighted properties acquired at foreclosure sales, while also requiring local governments to provide these owners with more detail as to the alleged blight and giving owners more time to remedy issues before any ne is assessed against them.
Senate Bill 1079 is codied as Civil Code Sections 2929.3, 2924f, 2924g, 2924h, 2924n and 2924m.
Eective January 1, 2021.
member. c) A community land trust or a limited-equity housing cooperative. d) The state, the University of California, a county, city, district, public authority, or public agency, and any other political subdivision or public corporation in the state.
22 The Greater San Diego Association of REALTORS®