SB 1103(Menjivar D) Tenancy of commercial real properties: agreements: securities and costs.
Current Text: Amended: 4/22/2024
Last Amend: 4/22/2024
Status: 4/22/2024-From committee with author's amendments. Read second time and amended. Rereferred to Com. on JUD. Location: 2/21/2024-S. JUD.
Summary: (1)Existing law requires a landlord of a residential dwelling to give notice to the tenant a certain number of days before the effective date of a rent increase depending on the amount of the increase, as specified.This bill would apply this requirement to leases of commercial real property by a qualified commercial tenant, as defined. This bill contains other related provisions and other existing laws.