Requires landlords to mitigate damages when commercial tenants vacate premises in violation of the terms of the lease

This bill requires commercial landlords to make reasonable efforts to re-rent vacated premises when a tenant breaks their lease, rather than simply claiming full unpaid rent. It directly affects commercial landlords and tenants by mandating that landlords actively seek new tenants at fair market value or the original lease rate (whichever is lower), reducing the damages they can claim from the departing tenant. Key provisions state that a new lease signed under these conditions automatically ends the previous tenant's liability, and any lease clause attempting to exempt landlords from this duty is void. The law applies exclusively to commercial leases, excluding residential properties and real estate purchase contracts.