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What are the conditions and contingencies that must be satisfied for cancellation to occur?

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What are the conditions and contingencies that must be satisfied for cancellation to occur?

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The board/council at their discretion may require certain conditions and contingencies be satisfied prior to final contract cancellation. Conditions to be satisfied include payment in full of the cancellation fee, together with a statement that unless the fee is paid, or a certificate of cancellation of contract is issued within one year from the date of the recording of the certificate of tentative cancellation, the cancellation fee shall be recomputed, based on the current fair market value of the land. Any provisions related to the waiver of the fee shall be treated in the manner provided for in the certificate of tentative cancellation. Contingencies to be satisfied include a requirement that the landowner obtain all permits necessary to commence the project. The board/council may, at the request of the landowner, amend a tentatively approved specified alternative use if it finds that such amendment is consistent with the findings made (GC ยง51283.4(a)). The landowner must notify th

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