| Measure Title: |
RELATING TO REAL PROPERTY LEASES.
|
| Report Title: |
Long-term Commercial Lease; Rent Renegotiations; Lessees; Lessors
|
| Description: |
Prohibits the resetting of lease rents for long-term commercial leases above a level that is economic for the lessee's actual use of the property. Requires that a lessee whose long-term commercial lease has been terminated be compensated for the value of buildings, infrastructure, and businesses created by the lessee that will be retained by the lessor. Allows a lessee the right to purchase the property at fair market value.
|
| Companion: |
|
| Package: |
None
|
| Current Referral: |
CPC, JHA
|
| Introducer(s): |
GRANDINETTI, BELATTI, IWAMOTO, LOWEN, PERRUSO, SOUZA, Amato
|
| Act: |
|
| Sort by Date | Chamber | Status Text |
| 1/23/2025 | H | Referred to CPC, JHA, referral sheet 3 |
| 1/23/2025 | H | Introduced and Pass First Reading. |
| 1/21/2025 | H | Pending introduction. |
S = Senate |
H = House |
D = Data Systems |
$ = Appropriation measure |
ConAm = Constitutional Amendment
Some of the above items require Adobe Acrobat Reader. Please visit
Adobe's download page
for detailed instructions.
HB832