Real property impacted by the 2025 Eaton or Palisades Fires: notification of owner’s intent to sell.

Senator Pérez's legislation establishes a notification system for property sales in areas affected by the 2025 Eaton and Palisades Fires, which destroyed over 16,250 structures across Los Angeles and Ventura Counties. The bill requires Los Angeles County to create and maintain a registry of qualified organizations interested in purchasing residential and commercial properties within the fire-impacted zones.

Property owners in affected areas may notify the county or registered organizations of their intent to sell, providing detailed information about their properties including location, unit specifications, annual expenses, and debris removal documentation. Eligible organizations include local public entities, qualifying nonprofit corporations focused on affordable housing or small business development, limited partnerships with nonprofit managing partners, and community land trusts. These entities must meet specific criteria, including California-based operations and board membership.

The legislation contains a sunset provision, automatically repealing six years after the expiration of the last declared emergency related to these fires. The bill's findings note reports of unsolicited purchase offers to property owners and cite concerns about real estate speculation in historically significant communities, particularly in Altadena's historically Black neighborhoods. Los Angeles County will receive state reimbursement for costs associated with implementing these requirements.