Measure Title: | RELATING TO LEASEHOLD. |
Report Title: | Real Property Leases; Renegotiation |
Description: | Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if value is lower than existing rent and contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after 1/1/90. |
Package: | None |
Companion: | |
Introducer(s): | BUNDA |
Current Referral: | CPH, JDC |
Date | Status Text | |
---|---|---|
1/24/2002 | S | Introduced and passed First Reading. |
1/30/2002 | S | Referred to CPH, JDC. |
$ = Appropriation measure
ConAm = Constitutional Amendment