California Civil Code

§ 2988.5

CIV § 2988.5Div. 3 · Title 14 · Part 4 · Ch. 2d

Statute text

(a)Except as otherwise provided by this section, any lessor who fails to comply with any requirement imposed under Section 2985.8 or 2988 for which no specific relief is provided with respect to any person shall be liable to such person in an amount equal to the sum of:

(1)Any actual damages sustained by such person as a result of the failure.

(2)In the case of an individual action, 25 percent of the total amount of monthly payments under the lease except that liability under this subparagraph shall not be less than one hundred dollars ($100) nor greater than one thousand dollars ($1,000); or in the case of a class action, such amount as the court may allow, except that as to each member of the class no minimum recovery shall be applicable, and the total recovery in such action shall not be more than the lesser of five hundred thousand dollars ($500,000) or 1 percent of the net worth of the lessor.

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Legislative history

Added by Stats. 1976, Ch. 1284.