Contra Costa California Addendums to Shopping Center Lease

Name: Contra Costa California Addendums to Shopping Center Lease
Brand: US Legal Forms
Rating: 4.82 (479 reviews)

Category:

Landlord Tenant - Commercial Leases - Shopping Centers

State:

Multi-State

County:

Contra Costa

Control #:

US-60947

Format:

Instant download

Description

This document provides addendums to a shopping center lease. The tenant agrees to pay as an additional charge each month for its proportionate share of the reasonable cost of operation, repair and maintenance of the common area (including, among other costs, those incurred for lighting, water, sewerage, sanitary control, painting, cleaning, paving, removal of snow, ice, trash and garbage, policing, landscaping, repairing, replacing guarding and protecting clothes) which may be incurred by the landlord and five percent (5%) of the foregoing costs to cover the landlord's and administration and supervisory costs.

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Since 2020, California now, for the first time, has a statewide rent control law. Rent increments have now been capped at a maximum of 5% per year. The Tenant Protection Act of 2019, also known as Assembly Bill 1482, is meant to ensure that landlords don't raise rent exorbitantly.

Current allowable increases by city in Alameda and Contra Costa Counties: Oakland CPI = 1.9% (effective 7/01/2021 - 6/30/2022)

The state legislation imposes a 2.5 percent cap on rent increases. Eighty five percent of Contra Costa County residents have taken at least one vaccine, supervisors learned from Dr.

Currently, no city in Contra Costa except for Richmond has any rent control protections. Under the new law, starting on January 1, 2020, the majority of California tenants will be protected.

That's because California's AB-1482 rent control law caps the maximum allowable annual rent increase to only 10%. So in most cities and situations, California landlords who are not exempt from rent control can only raise the rent by a minimum of 5% and a maximum of 10% starting August 1, 2022 until July 31, 2022.

The state legislation imposes a 2.5 percent cap on rent increases. Eighty five percent of Contra Costa County residents have taken at least one vaccine, supervisors learned from Dr.

If you wish to stay, you are perfectly entitled to renegotiate the terms of your lease. Your landlord may not agree to every request, but if the market conditions are right, you will have some bargaining power. And anyway, if you don't ask, you don't get.

How to Do a Counter Offer for Leasing a Building Have a Lawyer Review the Lease.Use Commercial Lease Negotiation Tactics.Measure the Space.Ask For a Shorter Lease Term.Resist an Automatic Rent Review.Ask for a Non-Compete Clause.Ensure You Can Sublet the Space.Avoid a Personal Guarantee.

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As a tenant in a retail lease, it is important to understand what the landlord is charging you. Participate in the Mayors' Cook-off this Thursday; the event will be held in Todos Santos Plaza in Concord.Does an addendum supersede a lease? Types of Commercial Leases; Pros and Cons of Triple Net Leases; Get Help with a Lease Addendum. All links on topical lists should also appear in the main alphabetical listing.

Contra Costa California Addendums to Shopping Center Lease

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