§ 1255.050 Leasehold interest; notice requiring deposit by plaintiff; interest offset by net rentals

§ 1255.050. Leasehold interest; notice requiring deposit by plaintiff; interest offset by net rentals

    If the property to be taken is subject to a leasehold interest and the plaintiff has not made a deposit that satisfies the requirements of this article, the lessor may serve notice on the plaintiff requiring a deposit of the probable amount of compensation that will be awarded in the proceeding in the same manner and subject to the same procedures and conditions as a motion pursuant to Section 1255.040 except that, if the plaintiff fails to make the deposit, the interest awarded shall be offset by the lessor's net rental profits on the property.