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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

SB 939 Information

TAKE ACTION NOW!!!

PROTECT YOURSELF!  CLICK HERE FOR A SAMPLE LETTER OPPOSING SB 939!

Proposed legislation negates all current commercial leases to the benefit of one business over another.

SB 939 (Wiener) – Would Have A Significant Impact on Commercial Leases – Set terrible precedent!

  • LEGISLATION WOULD USE CURRENT COVID-19 EMERGENCY TO UPEND ALL YOUR LEASES
  • REQUIRES ALL LESSORS IN CALIFORNIA TO DEFER LESSEE RENT OBLIGATIONS FOR MORE THAN A YEAR
  • ALLOWS A CERTAIN BUSINESS TYPE TO NEGATE LEASE AND WALK WITH NO RESPONSIBILITY FOR TENANT IMPROVEMENT

We are disappointed that this bill allows an attack on one business to benefit another and hope we can steer this bill into a more positive direction!  The STATE should provide assistance to tenants impacted by the stay-at-home orders.

Senate pro Tem Toni Atkins has unveiled a proposal that would help BOTH landlords and tenants and we think that is a much more reasonable approach.

The Governor is also working with the Economic Task Force to address this issue in a considerate, thoughtful, and collaborative manner.

These are both much better approaches that don’t turn the Constitution – and your business – on its head!

SB 939 LETTERS

 

CBPA LEGAL NOTES

  • CBPA Legal Notes

 

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