Commentary: Adding Waivers, Subtracting Financial Exposure

Summary


Under both measures 37 and 49, businesses, like individuals, have to consider the extent to which a waiver is transferable to a subsequent owner.

Measure 37 doesn't provide for transfer of a waiver to a subsequent landowner. Measure 49 does, in certain cases, but a transferred waiver may be more restricted than a waiver obtained under Measure 37.

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Extract


Commentary: Adding Waivers, Subtracting Financial Exposure

A Measure 37 waiver may allow any qualifying use that was allowed at the time the landowner ac...

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