Real Estate/Development,
Contracts
Jul. 2, 2024
Minimizing financial fallout: Alternative remedies in California leases
California Civil Code Section 1951.2 defines the remedies available to a landlord in the event of a tenant’s breach and abandonment of the premises, but some landlords may want remedies beyond those described in 1951.2. California Civil Code Section 1951.4 is available if the lease clearly includes that remedy.
When drafting a lease, a landlord may include language that creates alternative remedies for a tenant breach and abandonment of the premises to help minimize the financial fallout to the landlord.
In most California leases, specific language identifies the landlord's remedies in the event the tenant breaches and abandons the premises before the end of the term, or if the tenant's right to possession is terminated due to a breach of the le...
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