SDNY Chooses “Time Approach” to Calculating Lease Termination Damages Collectible Against a Bankrupt Estate
As a landlord in New Jersey, you’re likely familiar with standard lease agreements, notice periods, and tenant obligations. But what happens when a tenant wants to break a lease early not due to non-payment or a job...more
California’s Commercial Tenant Protection Act (SB 1103) now provides commercial tenants who operate small businesses with new legal protections of which property owners, managers and brokers must be aware. Failure to comply...more
Beginning on January 1, 2025, landlords of commercial properties – be they office, industrial or retail, will need to develop new procedures when entering into leases with a newly defined class of tenants, identified as...more
As expected, California’s legislature passed AB 1482 this week, which imposes statewide rent control, restricting the ability of landlords to terminate certain tenancies without just cause, and further restricting the ability...more
New Florida Law Protecting Tenants in Foreclosure - On June 2, 2015, Florida Governor Rick Scott signed into a law a new statute titled "Termination of rental agreement upon foreclosure," which became effective upon...more