Business Not As Usual in Many Ways
Most of the county recording offices throughout California and perhaps the entire country are closed to the public. Some are working through digital sites, others have drop boxes where documents left are supposedly picked up daily but the overall impact on commercial property sale ABA financing has been severe. With city offices closed in many regions developments are stuck in limbo land, and the uncertainty when an inspector will get out to the property or critical paperwork is processed has caused damage in more ways than we can visible see. Interest payments owed on construction loans may continue even if the development process does not. For a link to which county recorder offices are doing what, please click here