Construction
Aug. 5, 2011
Law relaxing land approvals may be muted
A state bill signed into law last month that aims to help real estate developers ride out the still limping economy solves part of the problem but will have a limited impact, lawyers say.
Daily Journal Staff Writer
A state bill signed into law last month that aims to help real estate developers ride out the still limping economy solves part of the problem but will have a limited impact, lawyers say.
Assembly Bill 208, signed by Gov. Jerry Brown on July 15, extends by two years certain land use entitlements - the government approvals needed for new construction. That's good news for residential builders sitting on...
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