Calif. Real Property Transactions May Need CEQA Review

Law360, New York (October 6, 2017, 9:35 AM EDT) -- Private parties who plan to jump into a real property transaction with a public agency should be aware that their deal could be impacted or held up by the California Environmental Quality Act.

If not fully informed of the recent legal developments pertaining to CEQA compliance and real property, parties may find themselves unable to close the deal on time or caught up in lengthy and costly litigation.

The important takeaway from this article is to ensure that a party’s overall risk assessment when conducting a real property transaction with a public agency include a line item for CEQA compliance. Failure...

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