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2. 7 Biggest Myths of Buying a Home in California in 2025 ... - AOL

   www.aol.com/finance/7-biggest-myths-buying-home...

   According to data from Zillow, the average home price in California is currently $771,057, an increase of 3.7% annually. Based on the most recent information from Redfin, there are currently ...

3. Ellis Act - Wikipedia

   en.wikipedia.org/wiki/Ellis_Act

   The Ellis Act (California Government Code Chapter 12.75) [1] is a 1985 California state law that allows landlords to evict residential tenants to "go out of the rental business" in spite of desires by local governments to compel them to continue providing rental housing.

4. Thousands of California tenants could face obscure tax bill ...

   www.aol.com/news/thousands-california-tenants...

   Under the arcane tax rule of possessory interest, thousands of California tenants in subsidized housing could face individual tax bills upwards of $1,000 a year.

5. Leasehold estate - Wikipedia

   en.wikipedia.org/wiki/Leasehold_estate

   A leasehold estate is an ownership of a temporary right to hold land or property in which a lessee or a tenant has rights of real property by some form of title from a lessor or landlord. [1] Although a tenant does hold rights to real property, a leasehold estate is typically considered personal property .

6. Lease purchase contract - Wikipedia

   en.wikipedia.org/wiki/Lease_purchase_contract

   Should the tenant/buyer be unable to purchase the house due to a lack of financing, the tenant and landlord can agree to extend the option period, convert the lease purchase contract into a traditional rental agreement, or end the contract with the tenant moving out and the landlord seeking other renters or buyers. [4]

7. The One Cost That’s Making Buying a Home in California Too ...

   www.aol.com/one-cost-making-buying-home...

   Additionally, in high-risk areas, real estate agents are now advising sellers to make climate-related upgrades, like replacing wood shake roofs or to offer financial credits to offset insurance costs.

8. Lease-option - Wikipedia

   en.wikipedia.org/wiki/Lease-option

   A lease option (more formally Lease With the Option to Purchase) is a type of contract used in both residential and commercial real estate.In a lease-option, a property owner and tenant agree that, at the end of a specified rental period for a given property, the renter has the option of purchasing the property.

9. Renting vs. Buying Real Estate: See the Cost Difference in 17 ...

   www.aol.com/finance/renting-vs-buying-real...

   The drive to head west and stake your claim in a nice piece of real estate is an innately American one. Nothing embodies the dream of homeownership quite like the state of California. However, the...