California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 5. HIRING |
Chapter 6. Assignment and Sublease |
ARTICLE 2. Restrictions on Transfer |
Section 1995.240.
Latest version.
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A restriction on transfer of a tenant's interest in a lease may provide that the transfer is subject to any express standard or condition, including, but not limited to, a provision that the landlord is entitled to some or all of any consideration the tenant receives from a transferee in excess of the rent under the lease.
(Added by Stats. 1989, Ch. 982, Sec. 2.)