21 Feb SB721 – New Balcony Regulations
SB721
Throughout the pandemic multifamily owners in California saw a 2-year delay in physical and economic terms. With situations like this, this can play into why SB721 was put into place. Through SB721 California multifamily owners must have their balconies inspected and there are now deadlines for this. The first deadline is to have balconies inspected before or by January 1, 2025. The second is to be done 6 years later, but for those who complete the first deadline before January 1, 2025, they don’t have to complete the next inspection until January 1, 2031. Multifamily owners must also provide any past inspections of balconies to a buyer when the building is being sold to show it is up to standard.
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