California AB851 prohibits unsolicited offers to purchase residential real property in certain ZIP codes affected by the January 2025 wildfires in.

California AB851 adds a new article to the Civil Code, prohibiting unsolicited offers to purchase residential real property in specific ZIP codes affected by the January 2025 wildfires in Los Angeles and Ventura counties. The bill requires buyers and sellers to execute a written attestation affirming that the purchase agreement was not the result of an unsolicited offer. This attestation must be recorded as an attachment to the deed or other conveyance of title. Violations of this provision can result in civil penalties of up to $25,000 per violation and criminal misdemeanor charges.

California AB851 prohibits unsolicited offers to purchase residential real property in certain ZIP codes affected by the January 2025 wildfires in.

California AB851 adds a new article to the Civil Code, prohibiting unsolicited offers to purchase residential real property in specific ZIP codes affected by the January 2025 wildfires in Los Angeles and Ventura counties. The bill requires buyers and sellers to execute a written attestation affirming that the purchase agreement was not the result of an unsolicited offer. This attestation must be recorded as an attachment to the deed or other conveyance of title. Violations of this provision can result in civil penalties of up to $25,000 per violation and criminal misdemeanor charges.