Subdivisions: security.

Assembly Member Quirk-Silva's proposal to streamline California's subdivision approval process addresses overlapping security requirements between state and local authorities. The legislation modifies the Real Estate Commissioner's oversight of residential developments by preventing duplicate security mandates when local agencies have already obtained sufficient protection for improvements under the Subdivision Map Act.

The measure maintains the Commissioner's existing authority to examine subdivisions and issue public reports authorizing property sales or leases, while preserving all current grounds for denial - including requirements for adequate financial arrangements, proper title delivery, and appropriate facilities. However, when developers have furnished security to local agencies that adequately protects purchasers, owners, and lessees, the Commissioner may not require additional security for the same improvements. This change applies specifically to residential projects where local authorities have already secured protection through established channels.

The amendment operates within the existing regulatory framework that governs subdivision oversight, maintaining the relationship between state-level review and local agency requirements. Local authorities retain their role in obtaining necessary securities from developers, while the Real Estate Commissioner's office continues its broader supervisory functions in the subdivision approval process.