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Theres a possibility this could backfirethe landlord could simply give you a demand to pay the rent or move out. However, you dont have much to lose, because the landlord could do the same thing once they realize rent is late. Explain your difficulties and emphasize (if you can) that they are only temporary.
In commercial real estate, a letter of intent (LOI) is a document that outlines the preliminary terms and conditions of a potential transaction between a landlord and a tenant.
You should not be required to sign a lease before your background check is completed and your application is approved. Since youve decided against proceeding with the application, you absolutely have the right to withdraw it.
A tenant can only be evicted for a withdrawal when the owner is withdrawing the property from the rental market in order to, for example, go out of business or use the building for a purpose other than rental housing. (Civil Code, 1946.2(b)(2)(B).)
A cash-out refinance (often referred to simply as a cash-out refi) for rental property works the same way refinancing does for your primary residence. You take out a new loan for your current property value, pay off the existing loan balance, and keep the difference in cash.
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California Government Code Section 7060 et seq., commonly known as the Ellis Act, establishes the right of landlords to withdraw existing housing accommodations, other than guestrooms or efficiency units within a residential hotel, from rent or lease.
What is a notice to vacate? A notice to vacate is a legal written document from a landlord to a tenant or vice versa that informs the other party of a move-out date from an apartment, condo, house, or any residential rental property. A notice to vacate letter provides the tenant adequate time to prepare for their move.

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