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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.

Lease 52
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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. Moreover, even if the policy was “blown up” and no more coverage existed the insurance company still has a duty to defend the commercial tenant in any lawsuit.