California AB782 allows redevelopment of commercial property for residential uses by modifying or removing certain restrictive covenants.

California AB782 amends the Business and Professions Code to allow the modification or removal of restrictive covenants that limit residential uses on commercial property. Owners of housing developments can submit a modification document to the county recorder, which the county counsel must review. If approved, the modification document can be recorded, making the original restrictive covenant unenforceable.

California AB782 allows redevelopment of commercial property for residential uses by modifying or removing certain restrictive covenants.

California AB782 amends the Business and Professions Code to allow the modification or removal of restrictive covenants that limit residential uses on commercial property. Owners of housing developments can submit a modification document to the county recorder, which the county counsel must review. If approved, the modification document can be recorded, making the original restrictive covenant unenforceable.