Section 5900.

5900. The provisions of this article shall apply exclusively to residential real property with four or fewer units. (Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)

Section 5901.

5901. The provisions of this chapter shall not apply to any public agency that does not use a program administrator to administer a PACE program. (Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)

Section 5902.

5902. For purposes of this chapter: (a) “Assessment contract” means an agreement entered into between all property owners of record on real property and a public agency in which, for voluntary contractual assessments imposed on the real property, the public agency provides a PACE assessment for the installation of one or more efficiency improvements on the […]

Section 5913.

5913. (a) (1) Before a property owner executes an assessment contract the program administrator shall do the following: (A) Make an oral confirmation that at least one owner of the property has a copy of the contract assessment documents required by paragraph (2) of subdivision (a) of Section 5898.20 or Section 5899, 5899.3, or 5899.4, or Section 53328.1 […]

Section 5914.

5914. A program administrator may not waive or defer the first payment on an assessment contract. A property owner’s first assessment payment shall be due no later than the fiscal year following the fiscal year in which the installation of the efficiency improvement is completed. (Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) […]

Section 5922.

5922. A program administrator shall not permit contractors or other third parties to advertise the availability of assessment contracts that are administered by the program administrator, or to solicit property owners on behalf of the program administrator, unless both of the following requirements are met: (a) The contractor or third party maintains in good standing an […]

Section 5923.

5923. (a) A program administrator shall not provide any direct or indirect cash payment or other thing of material value to a contractor or third party in excess of the actual price charged by that contractor or third party to the property owner for the sale and installation of one or more efficiency improvements financed by […]

Section 5924.

5924. A program administrator, contractor, or a third party shall not make any representation as to the tax deductibility of an assessment contract unless that representation is consistent with representations, statements, or opinions of the Internal Revenue Service or applicable state tax agency with regard to the tax treatment of PACE assessments. (Added by Stats. […]

Section 5925.

5925. A program administrator shall not provide to a contractor or third party engaged in soliciting assessment contracts on its behalf any information that discloses the amount of funds for which a property owner is eligible under a PACE assessment or the amount of equity in a property. (Added by Stats. 2017, Ch. 484, Sec. […]

Section 5926.

5926. A contractor shall not provide a different price for a project financed by a PACE assessment than the contractor would provide if paid in cash by the property owner. (Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)

Section 5940.

5940. (a) It shall be unlawful to commence work under a home improvement contract, or deliver any property or perform any services other than obtaining building permits or other similar services preliminary to the commencement of work, and the home improvement contract shall be unenforceable, if both of the following occur: (1) The property owner entered into […]

Section 5954.

5954. (a) For each PACE program that it administers, a program administrator shall submit a report to the public agency no later than February 1 for the activity that occurred between July 1st through December 31st of the previous year, and another report no later than August 1 for the activity that occurred between January 1st […]