What is the term of the Mills Act agreement?

by Andrew Shaffer  on June 27, 2018 | | No comments

Mills Act contracts are for 10 years initially with automatic yearly extensions and stay with the property when transferred. Subsequent owners are bound by the contract and have the same rights and obligations as the original owner who entered into the contract. Because the local government and the property owner negotiate other specific terms of the contract, you need to contact your local government to determine the rights and obligations a Mills Act contract creates.

About the Author

Andrew Shaffer is the former Engagement Director at the California Preservation Foundation. Prior to joining CPF, he studied at the University of San Francisco and the University of Wisconsin, where he specialized in LGBTQ history, preservation, and activism. Andrew is a transplant to San Francisco and loves showing off his adopted hometown to people from all over the world.