Landlord and Tenant Rights and Remedies after Default (Commercial Lease) (CA)
Summary
This practice note discusses default and remedy provisions that are commonly included in commercial leases in California, focusing on office, retail, and industrial leases. Specialized leases involving leasehold mortgages and ground leases vary widely and usually include complex, deal-specific provisions and requirements. This practice note does not address the unique situations these leases present, but instead concentrates on the defaults, remedies, and defenses that generally arise in commercial lease disputes, through the lens of California law. This practice note also discusses surrender agreements and bankruptcy considerations.