Client Alert
May 15, 2020
Bill 939
Time Sensitive

Assembly Bill 939, introduced by Senator Weiner of San Francisco and co-authored by Senator Lena Gonzalez, is going to committee for review.  Attached is a complete copy of the b il l , as revised. This bill includes drastic measures that can put commercial real estate, as we know it, at risk. We have yellow highlighted two (2) very important sections, that provide for the following:

  • Requires all Lessors in California to defer lessee rent obligations for one (1) year.
  • Allows certain types of business to terminate their lease and walk with no responsibility for the on-going lease obligations.
  • Uses the COVID emergency to up-end your leases.

We have also attached an Analysis and Comments provided by California Business Property Association, the industry lobbyist for BOMA, NAIOP and ICSC, among others. 

If you wish to share your thoughts about this bill, you must act now as this will go to committee on Monday.

Last, CLICK HERE for a sample letter provided by CBPA that can be used to share your views with representatives in Sacramento. If you choose to share your views, we suggest you send a letter to:

The Honorable Scott Wiener
California State Senate
The Honorable Lena Gonzalez
California State Senate

Your local representatives can be located at  http://findyourrep.legislature.ca.gov/

Please copy all letters to our industry lobbyist,
Rex Hime, at  [email protected] .

Note: The views shared in this article to not necessarily represent the views of all employees of Seide Law.
Any information contained herein is intended for informational purposes
only and should not be construed as legal advice. Seek competent counsel
for advice on any legal matter.

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