Real Property Blight Prevention Bill (A.B. 2314) Passes

On May 3. 2012, an anti-blight bill was passed by California legislators.  This bill is part of a set of proposals that will help prevent blight in communities with a high rate of foreclosures.  A.B. 2314 allows the city where the property is located to issue up to $1,000 in fines, per day, against the owners of blighted property until the violations are fixed and extends the power to fine owners indefinitely.  The bill also offers a 60-day grace period to new property owners who have purchased the property and are diligently correcting any violations that may exist.

What do you think about this bill?  Will it help the prevention of blight in communities?

To read more about Assembly Bill 2314 Real Property: Blight, click here.