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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.
The pro-tenant Western Center on Law and Poverty (WCLP) had endorsed several features of the Bill that served tenant interests: the prohibition of rent increases "if serious health, safety, fire, or building code violations were discovered and not corrected for six months," and some claims by subtenants to lower rent under an existing tenancy.
Before applying for a license, all education and experience requirements mandated by the Department must be fulfilled. [5] Licenses can be renewed by submitting a renewal application, paying a fee, and completing continuing education courses in topics including but not limited to implicit bias, ethics, agency relationships, and fair housing.
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 ...
The state of California recently rolled out a pair of programs designed to help residents buy new homes or stay in their current ones, one of which provides forgivable loans to buyers for up to 10 ...
After nearly two years of a market cool-down, real estate investors are stepping back into the arena, marking the first increase in home purchases since mid-2022.With a resurgence in California ...
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.
California cannot reject tenants’ applications for COVID-19 emergency rental assistance after a renter lawsuit raised questions about whether the state program meets constitutional standards.