Anytime is a great time to buy a rent to own home and rto realty in California but especially now. Rent to
own home sellers and RTO Realtors in California have plenty of listings -but no buyers! Home prices are the
best they have been in seven years -but chances are prices of houses shall not remain down for long. Rent
to own home programs in California (and across the country) are fast becoming a popular option for home
sellers who increasingly turn to the pre-approved rent to own home and lease to buy house buyer. Don't
miss out. Post an Ad today!
own home sellers and RTO Realtors in California have plenty of listings -but no buyers! Home prices are the
best they have been in seven years -but chances are prices of houses shall not remain down for long. Rent
to own home programs in California (and across the country) are fast becoming a popular option for home
sellers who increasingly turn to the pre-approved rent to own home and lease to buy house buyer. Don't
miss out. Post an Ad today!
| Realtyrto is leading the way for hundreds of rent to own buyers who refuse to give it up to the landlord! Register today and buy a home before prices skyrocket again! |
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KARNETTA RENTAL-PURCHASE ACT.(CIVIL CODE SECTION 1812.620. This title shall be known and may be cited as the
1812.621. The legislature hereby finds and declares that consumers enter into rental-purchase contracts that do not
adequately disclose the actual terms and cost of the transaction or the consumer's liability for certain breaches of the contract,
and that contain unfair provisions, including unfair terms related to fees and charges, and exercise or the termination of
purchase option rights, property loss and damage, and the repair or replacement of improperly functioning rental property. It
is, therefore, the intent of the Legislature in enacting this title to ensure that consumers are protected from
misrepresentations and unfair dealings by ensuring that consumers are adequately informed of all relevant terms, including
the cash price, periodic payments, total purchase price, and other applicable charges or fees, before they enter into
rental-purchase contracts. It is further the intent of the Legislature to: (a) prohibit unfair or unconscionable conduct toward
consumers in connection with rental-purchase transactions, (b) prohibit unfair contract terms, including unreasonable
charges, (c) prevent the forfeiture of contract rights by consumers, (d) provide a right of reinstatement and a reasonable
formula for the exercise of purchase option rights under a rental-purchase contract, (e) provide reasonable requirements for
the servicing, repair, and replacement of improperly functioning rental property, and (f) cover rental-purchase transactions
under existing laws, including laws governing debt collection cosigners, home solicitation contracts, and warranties. This title
shall be liberally construed to achieve its remedial objectives).
1812.621. The legislature hereby finds and declares that consumers enter into rental-purchase contracts that do not
adequately disclose the actual terms and cost of the transaction or the consumer's liability for certain breaches of the contract,
and that contain unfair provisions, including unfair terms related to fees and charges, and exercise or the termination of
purchase option rights, property loss and damage, and the repair or replacement of improperly functioning rental property. It
is, therefore, the intent of the Legislature in enacting this title to ensure that consumers are protected from
misrepresentations and unfair dealings by ensuring that consumers are adequately informed of all relevant terms, including
the cash price, periodic payments, total purchase price, and other applicable charges or fees, before they enter into
rental-purchase contracts. It is further the intent of the Legislature to: (a) prohibit unfair or unconscionable conduct toward
consumers in connection with rental-purchase transactions, (b) prohibit unfair contract terms, including unreasonable
charges, (c) prevent the forfeiture of contract rights by consumers, (d) provide a right of reinstatement and a reasonable
formula for the exercise of purchase option rights under a rental-purchase contract, (e) provide reasonable requirements for
the servicing, repair, and replacement of improperly functioning rental property, and (f) cover rental-purchase transactions
under existing laws, including laws governing debt collection cosigners, home solicitation contracts, and warranties. This title
shall be liberally construed to achieve its remedial objectives).
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