California Governor signs bill to fight neighbor blight caused by vacant homes

By
Real Estate Agent with Coldwell Banker Brokers of the Valley, Yountville Napa Valley

Bill to curb blight signed into law

A bill to combat neighborhood blight was signed into law by Gov. Jerry Brown on Monday. AB 2314 provides additional tools to local government and receivers to fight neighborhood blight caused by vacant homes.

The new law is part of the California Homeowner Bill of Rights, which builds upon and extends reforms first negotiated in the recent national mortgage settlement between 49 states and leading lenders.

More on the California Homeowner Bill of Rights

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