Transfer of real property: fire hazard severity zones: compliance documentation.

Summary

If enacted, this bill would amend the California Civil Code to require sellers of real property located in high or very high fire hazard severity zones to provide buyers with documentation demonstrating compliance with defensible space and fire safety requirements. It also amends the Revenue and Taxation Code to adjust property tax assessment procedures related to fire safety improvements. This will affect real estate brokers and agents involved in property transfers, and may impact homeowners, buyers, and lenders through property condition and disclosure requirements.