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County of Los Angeles
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New Consumer Laws 2009

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CONDOS – BUYERS TO PAY MORE IF THEY CHANGE THEIR MINDS WHEN BUYING A CONDO IN AN “INFILL DEVELOPMENT”

AB 2020, Civil Code 1675

This law affects buyers who purchase condos in “infill developments.” Infill development is the use of land within a built-up area for further construction. It focuses on the reuse of obsolete or underutilized buildings and sites. This type of development is essential to renewing blighted neighborhoods.

Previously, buyers who backed out of a sales contract for the purchase of a condo in an infill development were liable for no more than 3% of the sale price. Under this new law, buyers who back out of their contracts can be liable for up to 6% of the sale price.

May be reprinted for non-commercial use if a credit line is included acknowledging the County of Los Angeles Department of Consumer Affairs.

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For more information:
County of Los Angeles Department of Consumer Affairs
B-96 Kenneth Hahn Hall of Administration
500 W. Temple Street * Los Angeles, CA 90012-2706
Telephone (800) 593-8222 (within the County) * (213) 974-1452
Web site: dca.lacounty.gov