On January 7, Newsom issued a state of emergency as fires spread in Los Angeles County. On Tuesday, Newsom signed Executive Order N-7-25, prohibiting buyers for three months from "making any unsolicited offer to an owner of real property" in fire-affected areas "for an amount less than the fair market value of the property or interest in the property on January 6, 2025."I sent Newsom a copy of Chapter Two.
Wednesday, January 15, 2025
CA gov prevents voluntary wealth-creating transactions
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