This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Purchase Agreement With Lease In Oakland
Category:
State:
Multi-State
County:
Oakland
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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FAQ
The Ellis Act allows owners to permanently withdraw rental units from the market. The City of Oakland has specific requirements that must be followed when removing a property through the the Ellis Act. The procedures in the City of Oakland for compliance with the Ellis Act can be found in Sections 8.22.
How to write a California lease agreement Identify the parties involved. Clearly state the names and contact information of both the landlord and the prospective tenant. Define the rental property. Specify the lease term. Outline rent and payment terms. Include important provisions. Comply with legal requirements.
If your tenant won't fix the problem or move out, you'll have to go through the court to get an order for them to move out. The eviction process can take 30 - 45 days, or longer. The time starts from when you have eviction court forms delivered to your tenant to the time they must move out.
The Ellis Act is found in California Government Code Section 7060, et seq. It was enacted by the California legislature in 1986 to require municipalities to allow property owners to go out of the residential rental housing business. Relocation payment amounts change on an annual basis.
Just Cause is Required for Eviction (Oakland Municipal Code, Section 8.22. 300) In Oakland, a property owner can only terminate a tenancy or evict a tenant for JUST CAUSE.
The Just Cause for Eviction Ordinance prohibits a property owner from terminating a tenancy without good or just cause. All units covered by the Rent Adjustment Program are also covered under the Just Cause for Eviction Ordinance.