state_legiscan_weekly · CA
Unlawfully restrictive covenants: redevelopment of commercial property for residential uses.
February 18, 2025
Summary
If enacted, this bill would amend California Civil Code Section 714.6 to prohibit restrictive covenants that prevent the redevelopment of commercial property for residential uses. It would void any covenant, condition, or restriction that effectively bans or limits the conversion of commercial real estate to housing, thereby potentially increasing the supply of residential units in California. The bill applies to all real property in the state and would affect property owners, developers, and lenders financing such conversions.
Source: https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260AB782
Common questions
- What does "Unlawfully restrictive covenants: redevelopment of commercial property for residential uses." cover?
- If enacted, this bill would amend California Civil Code Section 714.6 to prohibit restrictive covenants that prevent the redevelopment of commercial…
- When was it published?
- It was published on February 18, 2025.