The order targets opportunistic real estate speculators who make unsolicited cash offers well below market value in attempts to exploit victims of the Los Angeles-area fires.

Summary

Gov. Gavin Newsom issued an executive order to protect Los Angeles fire victims from predatory real estate practices.

The order prohibits undervalue cash offers for three months in fire-affected areas, like Altadena, where the Eaton Fire has caused major destruction.

Violators face potential criminal charges. Newsom also directed state agencies to educate residents on their rights and resources.

Modeled after Hawaii’s 2023 Lahaina fire order, the measure aims to preserve community stability.

Over 100,000 residents remain evacuated, with 25 confirmed fatalities from the fires.