California Codes, 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
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.
Notes
Allows a restriction on transfer of a tenant’s lease interest to make the transfer subject to any express standard or condition. The permitted condition may include, without limitation, giving the landlord some or all consideration the tenant receives from a transferee above the rent payable under the lease.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1995.240 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-5/chapter-6/article-2/section-1995-240