Real Estate/Development,
Government
Feb. 20, 2020
Bill would force property owners to sell to tenants, charities, local governments
SB1079, introduced Tuesday, seeks to reduce homelessness by penalizing property owners, specifically corporations, that leave homes vacant for three months and forcing them to sell to tenants, non-profit organizations or government agencies at a stipulated price.
A bill introduced Tuesday is aimed at reducing homelessness by penalizing property owners, and corporations that leave homes vacant for three months and forcing them to sell to tenants, non-profit organizations or government agencies at a stipulated price.
The bill, SB 1079, aims to reduce the amount of vacant homes across the state by offering incentives as well as levying penalties.
Under the p...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In