Facade of a shopping mall

QUALIFIED COMMERCIAL TENANT PROTECTIONS – Senate Bill 1103

Senate Bill 1103 went into effect on January 1, 2025. This new law establishes protections for “qualified commercial tenants” (QCT).  A “qualified commercial tenant” is defined as a tenant of a commercial property that is any of the following: (i) a “microenterprise”, (ii) a restaurant with fewer than 10 employees, or (iii) a nonprofit organization with fewer than 20 employees.  …