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Real Estate/Development,
LA Fires

Feb. 4, 2025

Newsom's ban on post-wildfire property deals sparks debate

Analyzing Gov. Newsom's Executive Order N-7-25: Protecting fire victims or overstepping boundaries?

Mehdi Sinaki

Senior Associate, Michelman & Robinson, LLP

Phone: (909) 730-5375

Email: msinaki@mrllp.com

Shutterstock

In the wake of the recent devastating wildfires in Los Angeles and Ventura Counties, Gov. Gavin Newsom has issued Executive Order N-7-25, aiming to curb what he describes as predatory real estate practices targeting disaster-stricken homeowners. The order temporarily bars unsolicited offers to purchase properties at potentially undervalued prices in specific ZIP codes, including 90019, 90041, 90049, 90066, 90265, 90272, 90290, 90402, 91001, 91040, 91104, 91106, 91107, 93535, ...

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