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CA AB450

Bill

Status

Failed

2/1/2024

Primary Sponsor

Wendy Carrillo

Click for details

Origin

State Assembly

2023-2024 Session

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

Committee Referrals

Judiciary3/23/2023

Full Bill Text

No bill text available