Focus (Forum & Focus)
Oct. 2, 2008
Back on Tract
An emergency measure recently signed into law is intended to help developers and builders in this uncertain real estate market by providing an automatic one-year extension for any approved tentative tract map, writes Jack Henningsen.
FOCUS COLUMN
By Jack Henningsen This is a true story. A few months ago, a friend from another firm called me in a panic. His client was purchasing land with an approved tentative tract map, but in my friend's due diligence review, he discovered the map would expire in two days. He spoke to the city that had approved the map, and the city attorney was sympathetic, but did not have a solution. My friend wanted to know if there was a way to ...
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