California Civil Code 1951.5 – Section 1671, relating to liquidated damages, applies to a lease of …
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Section 1671, relating to liquidated damages, applies to a lease of real property.
(Amended by Stats. 1977, Ch. 198.)
Terms Used In California Civil Code 1951.5
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.