The Sustainable Groundwater Management Act (SGMA), passed in 2014, mandates that groundwater basins achieve sustainability by 2040 and requires the implementation of Groundwater Sustainability Plans (GSPs) by 2020. These plans may limit groundwater pumping. Buyers and tenants in real estate transactions should consult with relevant professionals such as water attorneys, hydrologists, geologists, or civil engineers for guidance. For more information, visit the SGMA portal at https://sgma.water.ca.gov/portal/ or the California Department of Water Resources at https://water.ca.gov/Programs/Groundwater-Management/SGMA-Groundwater-Management
Ask Tim a Question
# | Payment | Interest | Principle | Balance |