Imani

Creditors Adjustment Bureau v. Imani

Good Law
Court of Appeal of CaliforniaAugust 9, 2022B316546California1,602 words

Opinion

Opinion

Yegan, J.

Facts and Procedural History In January 2012, appellant leased a hair salon space from Baldwin Park Plaza LLC (landlord). The lease was for a term of 10 years and provided for a monthly base rent of $2,695, monthly common area charges of $605 and an annual increase in the base rent of 3%. Rent payments were to begin on March 1,

2 2012. In August 2012, appellant failed to pay the rent. He vacated the premises in December 2012 without paying any additional rent. The landlord assigned its interest in the lease to respondent, which filed a lawsuit to collect over $400,000 in unpaid past and future rent due. The landlord acted in good faith and mitigated the damages. It eventually found a new tenant for the space and reduced its damages claim to $257,546.17. Trial was set for January 2015. Respondent appeared with counsel and appellant appeared in pro per. The parties reached a settlement which they documented in a hand- written stipulation for entry of judgment that was signed by all parties and recited in open court. The stipulation for entry of judgment requires appellant to pay respondent $30,000 in 24 consecutive monthly payments of $1,250 starting April 1, 2015. If appellant…

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