I recently received this email from the California Association of Realtors:

“C.A.R. has agreed upon amendments to remove its opposition to SB 407, a bill that would require that ALL residential and commercial properties be retrofitted at point-of-sale with low-flow toilets, shower heads and faucets.  While C.A.R. appreciates the goal of conserving water, C.A.R. opposed SB 407 because its point-of-sale approach will not achieve the objective of significantly reducing water consumption, and because it will burden escrows and could further destabilize the already weak housing market. C.A.R. has reached a tentative agreement with the author and sponsors to remove all point-of-sale provisions from the bill, require all properties to be retrofitted by 2017, and to add a disclosure to the TDS  modeled after the disclosure that now applies to garage door openers. C.A.R. will not remove its opposition until the agreed upon amendments are in print. SB 407 was approved by the Assembly Judiciary Committee on June 30 and is pending in the  Assembly Housing and Community Development Committee.”