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What is the benefit of a lease option?

Unlike a sale agreement with seller financing, a lease-option allows the owner to continue to receive tax deductions as the owner. Interest, taxes, maintenance and depreciation may still be deducted against the rent received.

Are there different types of leases?

The three most common types of leases are gross leases, net leases, and modified gross leases.

What is the difference between a lease option and lease purchase?

The difference between a lease option and a lease purchase agreement is that the lease option only obligates the seller to sell. A lease purchase agreement commits both parties to the sale barring bdocHub of contract or the buyers inability to secure a mortgage.

What is a CA lease?

A California lease agreement allows a landlord of residential or commercial property to write a legally binding rental contract with a tenant. The agreement will describe the property, specify the monthly rent, and list the responsibilities of both parties.

Does California have a standard lease agreement?

A standard California residential lease agreement is a fixed-term contract (start and end date) between a landlord and tenant for the renting of property. The process usually begins with the tenant viewing the property and completing a rental application (which may require a fee).

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