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Lease/Options Are Useful, But Can Be Tricky

A recently-revised memorandum (Option Contracts and Leases with Option to Purchase) has been released by the Legal Department of the California Association of REALTORS®(CAR). That is a good thing. A Lease with Option to Purchase (Lease/Option) is a useful tool in an agent’s box, regardless of general market conditions. While lease/options more often are instruments […]

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