California Code of Civil Procedure

§ 1263.615

CCP § 1263.615 Effective Jan 1, 2007Title 7 · Part 3 · Ch. 9 · Art. 7

Statute text

(a)A public entity shall offer a one-year leaseback agreement to the owner of a property to be acquired by any method set forth in subdivision (b) for that property owner’s continued use of the property upon acquisition, subject to the property owner’s payment of fair market rents and compliance with other conditions set forth in subdivision (c), unless the public entity states in writing that the development, redevelopment, or use of the property for its stated public use is scheduled to begin within two years of its acquisition. This section shall not apply if the public entity states in writing that a leaseback of the property would create or allow the continuation of a public nuisance to the surrounding community.

(b)The following property acquisitions are subject to the requirements of this section:

(1)Any acquisition by a public entity pursuant to eminent domain.

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Legislative history

Added by Stats. 2006, Ch. 602, Sec. 3. Effective January 1, 2007.