MAXIMIZING YOUR PROPERTY’S POTENTIAL WITH SB 9: A STEP-BY-STEP GUIDE FOR CALIFORNIA HOMEOWNERS
Are You Ready to Unlock Your Property’s Potential in California?
California, with its diverse landscapes and booming real estate market, has always been a haven for homeowners. Yet, property development in the Golden State has often been hindered by intricate zoning laws and prolonged permit approval processes. Enter Senate Bill 9 (SB 9), a beacon of hope for California homeowners. This groundbreaking legislation simplifies the permit approval process, allowing homeowners to split their lots and construct additional units, thereby maximizing their property’s potential. If you’re considering leveraging SB 9 for your property, this guide will walk you through its benefits and the steps involved.
Step into the Future with SB-9: Benefits Aplenty
Before delving into the step-by-step process, it’s essential to grasp the myriad benefits SB 9 offers:
Community Investment: SB 9 empowers homeowners to contribute to their community by creating additional housing units, addressing California’s housing needs.
Financial Flexibility: Unlock your home equity! With the potential to construct additional units, homeowners can tap into new avenues for rental income or house extended family.
Protection for Renters: SB 9 ensures that as new units emerge, existing rental properties and their tenants remain protected, preserving the community’s diverse fabric.
Aesthetic Harmony: New constructions under SB 9 will align with the existing neighborhood’s look and feel, ensuring visual harmony and community integration.
ALSO READ: How SB 9 Affects the California Housing Crisis: An Analysis
Your SB 9 Journey: A Step-by-Step Guide
Embarking on your SB 9 journey requires a clear understanding of the criteria and steps involved. Here’s a breakdown to guide you:
Zoning Requirements: SB 9 offers homeowners the opportunity to create a duplex or subdivide an existing lot. However, properties in high fire hazard zones, historic districts, or conservation areas might not qualify. It’s essential to consult with local city or county planning departments to determine your property’s eligibility. For specialized advice, feel free to reach out to us.
Owner-Occupancy Requirement: SB 9 emphasizes the importance of homeownership. It contains an owner-occupancy requirement, where homeowners must live in one of the units for three years after getting approval for a lot split. This provision ensures that the benefits of SB 9 are directed towards homeowners and not institutional investors.
Two Pathways with SB 9: Homeowners have two main options under SB 9:
Lot Split: Split their lot and develop up to two units on each new parcel, allowing for a total of four units.
Duplex Creation: Without splitting the lot, homeowners can develop an additional unit on their existing parcel.
Eligibility Criteria: While SB 9 doesn’t specify a minimum lot size for developments, local jurisdictions might have their own requirements. It’s essential to be aware of any local mandates, such as minimum unit sizes, which might vary from city to city.
The Lot Split Option: If you’re considering splitting your lot, SB 9 requires the newly created lots to be approximately equal in size. However, the specific size requirements might vary based on local regulations.
Residency Affidavit: For those opting for a lot split, SB 9 mandates the signing of an affidavit. This document commits the homeowner to reside in one of the newly developed units for a minimum of three years.
RHE Development, LLC: Your Trusted SB-9 Partner
Navigating the intricacies of SB 9 can be challenging. But with RHE Development, LLC by your side, you can seamlessly unlock your property’s potential. Specializing in processing construction documents, RHE Development, LLC collaborates with architects, designers, and engineers to simplify the complexities of building and zoning laws. Let us help you transform your property vision into reality.
SB 9 offers California homeowners a golden opportunity to maximize their property’s value and contribute to the community. With this step-by-step guide and RHE Development, LLC’s expertise, you’re well-equipped to embark on your SB 9 journey with confidence. For a consultation with our California SB 9 specialists, reach out to us at 888-853-3375, text (562) 244-8784, or email [email protected]