HomePosts Tagged "fractional ownership"

fractional ownership Tag

At its June 6 regular meeting, the Beverly Hills City Council approved the certified results of the May 2023 special election in which Measures B and C were defeated by some 80 votes.

At its May 16 regular meeting, the Beverly Hills City Council approved additional consulting services funds for the police department’s technology-based public safety initiative and addressed concern over fractional ownership of residential and commercial properties, among other topics.

The Beverly Hills Planning Commission unanimously passed a motion supporting a draft ordinance that would establish permanent prohibitions on fractional ownership of residential and commercial properties in the city.

With the city's ban on fractional property ownership set to expire this summer, the Planning Commission has been tasked with preparing a permanent ordinance for the City Council's approval.