Loading chat...
CA AB450
Bill
Status
2/1/2024
Primary Sponsor
Wendy Carrillo
Click for details
AI Summary
-
Changes the notice requirement threshold for commercial real property leases from 270 days to 271 days after the effective date of a local enactment establishing lease termination notice requirements.
-
Applies to public entities that establish notice requirements for lease termination due to expiration of the lease term through statute, charter amendment, or ordinance.
-
Exempts leases expiring within 271 days of the enactment's effective date from the notice requirement provisions.
-
Preserves existing provisions regarding negotiation notices, impasse notices, bad faith remedies, and tenant eligibility requirements for lease-related actions.
Legislative Description
Commercial real property.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2024