C'est le buzz: Important Ordinance Updates

Following steps with Albany, the Berkeley sewer lateral ordinance is making a good change for buyers and sellers. Previously if the sewer was not in compliance  at close of escrow, the buyer or seller had to leave a bond for $4,500 with EBMUD, as a guarantee that the work would get done withing 6 months. The new ordinance is waiving the $4,500 deposit in favor of a signed contract with a reputable sewer company to do the work after the close of escrow (within the six month time frame).  It is expected that Piedmont and Berkeley will follow in the steps of Berkeley's new decision. Also the mandatory RECO (Residential Energy Conservation Ordinance) may soon become voluntary instead of required at close of escrow. The city may offer homeowners rebates and incentives to participate in energy efficient upgrades.

Comments

Popular posts from this blog

Rotary Peace Grove at Tilden Park

Restaurant Pick - Left Bank!