Governor Newsom issues order extending protections of Los Angeles area firestorm survivors from predatory real estate speculators
What you need to know: Governor Newsom extended an executive order from January barring predatory investors from making unsolicited undervalued property offers to families in areas impacted by the Los Angeles area firestorms.
LOS ANGELES — Governor Gavin Newsom today issued an executive order extending protections for Los Angeles area firestorms survivors from predatory land speculators making aggressive and unsolicited cash offers to purchase their property below fair market value.
“California continues to support survivors of the Los Angeles area firestorms – especially ones vulnerable to those seeking to take advantage of communities that have already experienced devastating loss. We will continue working to protect and assist the people of Los Angeles as they begin the process of rebuilding their lives.”
Governor Gavin Newsom
The previous order, which was set to expire after April 14, has now been extended to July 1, 2025.