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.
Cal. Civ. Code § 1995.240
Restrictions on Transfer
Applied in 2 court decisions — leading case 37 Cal. App. 4th 395 - Ilkhchooyi v. Best (1995)
Most recently applied in 37 Cal. App. 4th 395 - Ilkhchooyi v. Best (July 1995)
Added by Stats. 1989, Ch. 982, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.