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  2. Ellis Act - Wikipedia

    en.wikipedia.org/wiki/Ellis_Act

    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. The legislature passed the Ellis Act in response to the ...

  3. California Land Act of 1851 - Wikipedia

    en.wikipedia.org/wiki/California_Land_Act_of_1851

    The California Land Act of 1851 (9 Stat. 631 ), enacted following the Treaty of Guadalupe Hidalgo and the admission of California as a state in 1850, established a three-member Public Land Commission to determine the validity of prior Spanish and Mexican land grants. [1] It required landowners who claimed title under the Mexican government to ...

  4. Lease - Wikipedia

    en.wikipedia.org/wiki/Lease

    A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. Basically a lease agreement is a contract between two parties: the ...

  5. California program to lease land under freeways faces ...

    www.aol.com/news/california-program-lease-land...

    The area under an elevated Los Angeles freeway that burned last weekend, damaging a section of a key thoroughfare in the car-dependent city, was stacked with flammable materials on lots leased by ...

  6. Leasehold estate - Wikipedia

    en.wikipedia.org/wiki/Leasehold_estate

    Leasehold is a form of land tenure or property tenure where one party buys the right to occupy land or a building for a given time. As a lease is a legal estate, leasehold estate can be bought and sold on the open market. A leasehold thus differs from a freehold or fee simple where the ownership of a property is purchased outright and after ...

  7. California Department of Real Estate - Wikipedia

    en.wikipedia.org/wiki/California_Department_of...

    The California Department of Real Estate ( DRE) is a California state agency focused on safeguarding and promoting the public interest in real estate matters through licensure, regulation, education, and enforcement. Employees headquartered in Sacramento and in district offices in Oakland, Fresno, Los Angeles, and San Diego carry out the DRE's ...

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