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Elements of a lease purchase contract typically include: Property value - The agreed sale price of the property. Duration - The time frame of the agreement. Monthly payment - How much the lessor will be paying monthly. Rent credit - How much of the lessor's monthly payment will go to the eventual purchase price at the end of the lease.
If there are any real estate brokers/agents brokering the sale, the buyer's agent will often fill in the blanks on a standard contract form for the buyer(s) and seller(s) to sign. The broker commonly gets such contract forms from a real estate association he/she belongs to.
Chika Sunquist was appointed Commissioner of the California Department of Real Estate (DRE) by Governor Gavin Newsom on November 28, 2023, and she assumed office on January 3, 2024. [5] Real estate licensing is subject to both the Real Estate Law and the Regulations of the Commissioner, which have the force and effect of law.
Hemet was named by the land development company that founded the town, The Lake Hemet Land Company. The company drew its name from Hemet Valley, now called Garner Valley, located in the San Jacinto Mountains. Initially, the company referred to the area as South San Jacinto, but changed the name to Hemet when the land company filed a plat map on ...
Diamond Valley Lake is a man-made off-stream reservoir located near Hemet, California, United States. It is one of the largest reservoirs in Southern California and one of the newest. It has a capacity of 800,000 acre-feet (990,000,000 m 3). The lake nearly doubled the area's surface water storage capacity and provides additional water supplies ...
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There were 14,977 housing units at an average density of 573.2 per square mile (221.3/km 2), of which 8,943 (68.0%) were owner-occupied, and 4,209 (32.0%) were occupied by renters. The homeowner vacancy rate was 5.7%; the rental vacancy rate was 10.3%. 28,777 people (65.1% of the population) lived in owner-occupied housing units and 15,194 ...
Hangar homes at Independence State Airport.. A residential airpark (also spelled air park) is a "fly-in community" specifically designed around an airport where the residents own their privately owned airplanes which they park in their hangars, usually attached to the home or integrated into their home.