California Cre Update:

What Ab 98 & Sb 1103 Mean For You

Over the last few weeks, two new California bills—AB 98 and SB 1103—have been making waves in the commercial real estate (CRE) industry. If you’re hearing different things about what they actually mean, you’re not alone.

Let’s clear it up!

AB 98 is all about protecting commercial tenants, especially small businesses. The bill requires landlords to give tenants advance notice on rent hikes and limits lease termination rights. These changes are designed to help smaller tenants stay in business and avoid sudden disruptions.

SB 1103, on the other hand, focuses on sustainability, pushing for greener practices in commercial properties. Landlords will now need to implement energy-saving features in new builds and, in some cases, update existing properties to reduce environmental impact—great news for California’s carbon goals!

For all the details and how these bills might impact you, check out the legislative summaries: AB 98 Summary | SB 1103 Summary.