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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

Violations may result in severe penalties, including tenants raising these violations as defenses in unlawful detainer actions and seeking recovery of attorneys’ fees, along with potential punitive damages. This requirement is applicable to all new leases executed post-January 1, 2025.

Lease 52
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“Wildfires, Insurance & Mortgages: Will Your Home Survive the Financial Aftermath?”

Esquire Property Management Group

On February 3, 2025, National Mortgage News reported that approximately $11B of outstanding mortgage debt on homes in Los Angeles, California are affected by the 2025 wildfires. Speaking with a tax attorney or CPA prior to resorting to this step is a prudent step.

Insurance 104