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아래는 당신이 California 부동산 계약서에 싸인 하시기전에 꼭 알아야할 부동산 계약서 주요 내용들 입니다.   아래는 중요한 내용이므로 싸인 하시기전에 영어/한국어로 자세히 설명을 들으셔야 합니다.        

10 Crucial Real Estate Contract Terms Home Buyers Should Know Before They Sign

If you ever attempt to read a real estate contract, you will quickly find that this paperwork is packed with a slew of terms you might not be familiar with—which is hardly ideal, given you’re poised to sign this legally binding document. So if the words in front of you look like ancient Greek, it might be time to step back and study up on some of the most common terms you’ll encounter in a real estate contract. Consider this your cheat sheet: Take five minutes to peruse this list of 10 essential terms—and come to the signing table prepared and confident.

Earnest money

Also known as “good-faith money,” earnest money is a sum put up by the buyer and generally held in escrow or trust to show the buyer is serious about purchasing the home, says Marcia Goodman of HomesbyMarcia.com in Virginia.

There is no defined amount, but earnest money generally runs about 1% to 2% of the purchase price. When the purchase is complete, that money is applied toward closing costs. If the contract doesn’t go through, there are guidelines that vary by state that determine which party will be awarded the escrow deposit.

Effective date

The date that the last party signed or initialed any terms and/or changes in the sales contract. This is often the date that starts the clock on the contract’s various deadlines (e.g., that a home inspection must happen within 10 days).

Due diligence

The contract’s contingencies (see below) provide the buyer a period to conduct due diligence, which essentially means doing homework. If the buyer discovers negative information regarding the property during this time, he can cancel the escrow and receive a refund of his earnest money, says Bryan Zuetel, a real estate attorney and broker at Esquire Real Estate, in Orange County, CA.

Contingencies

Contingencies are requirements that must be met before a real estate deal can close. The customary ones for the buyer’s loan are property appraisal, financing, home inspection, disclosures, homeowners associationdisclosures, and a title report, says Zuetel. The specific contingencies are set and agreed upon by the buyer and seller.

Disclosures

All sellers are required to fill out a property disclosure for buyers that states everything they know about the home since they’ve owned it, whether it’s good (there’s a brand-new roof) or bad (the basement leaks during heavy rains). A seller who intentionally withholds information is committing fraud, so when in doubt, it’s best to fess up!

Inspections

A buyer can do any inspections within a time frame that’s mutually agreed upon with the seller—typically within seven to 14 days of an accepted offer. After an inspection, the buyer can:

  • Accept the property in the current condition and move forward to closing.
  • Release the contract and retain the earnest money.
  • Ask the seller to repair issues discovered at inspection. If the seller counters with a lower sales price or rejects the repair request, the buyer has the right to terminate the contract and keep the earnest money.

Title search

title search or survey basically confirms that the property is owned fair and square by the seller, who can then transfer those rights to the buyer. Occasionally, a home’s title can be compromised by long-lost heirs or liens by contractors who did work on the property but never got paid. The good news is that you can buy title insurance in case long-buried issues crop up down the road.

Kick-out Clause

If the buyer needs to sell a home in order to finance the purchase of a new home, the seller may decide to include a “kick-out clause” that allows the seller to continue to show the house and accept other offers. If the original buyer can’t sell the home in a certain period of time—say, 60 or 90 days—then the seller can “kick out” that buyer and go with a new offer, rather than waiting indefinitely to close the original deal.

Appraisal

If a buyer is getting a mortgage, the lender requires the buyer to pay for an appraisal. That’s where a third party comes in and estimates the value of the house, making sure a lender’s money isn’t going toward a lemon. (If a buyer is paying all cash, an appraisal is optional.)

Closing

Also known as settlement, the closing is the final stretch of your real estate transaction that involves bringing together lawyers, Realtors, buyers, and sellers at the closing table, says Goodman. At the closing, the buyer will provide the funds to purchase the home. It’s also when you get the keys to your new home—in other words, it’s time to move in and celebrate!

Content Courtesy; Realtor / Margaret Heidency

 

 

 

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Current Exhibitions – The Getty Center 

Groundbreaking Architecture Tour 

GETTY CENTER

Daily, through April 29, at 11 am, 2 pm

 The Central Garden at the Getty Center is an evolving work of art, with tree-lined walkways that lead visitors through extraordinary sights, sounds, and scents.

More than 500 varieties of plant material are used in the landscaping of the Central Garden.

The Getty Center features several gardens and fountains, and landscaping for public enjoyment, including a cactus garden at the South Promontory, fountains in the Museum Courtyard and the Tram Arrival Plaza, shaded hideaways, and spectacular views of the Santa Monica Mountains, the Pacific Ocean, and Los Angeles.

The Central Garden

The Central Garden, created by artist Robert Irwin, lies at the heart of the Getty Center.
The Central Garden, created by artist Robert Irwin, lies at the heart of the Getty Center.

The Central Garden, created by artist Robert Irwin, lies at the heart of the Getty Center. The 134,000-square-foot design features a natural ravine and tree-lined walkway that leads the visitor through an extraordinary experience of sights, sounds, and scents.

The walkway traverses a stream that winds through a variety of plants and gradually descends to a plaza where bougainvilleaarbors provide scale and a sense of intimacy. Continuing through the plaza, the stream cascades over a stone waterfall or “chadar,” into a pool with a floating maze of azaleas. Specialty gardens encircle the pool. All of the foliage and materials of the garden have been selected to accentuate the interplay of light, color, and reflection.

The natural ravine and tree-lined walkway that leads the visitor to a central clearing.
The natural ravine and tree-lined walkway that leads the visitor to a central clearing.

Irwin began planning the Central Garden in 1992, as a key part of the Getty Center project. Since the Center opened in 1997, the Central Garden has evolved as its plants have grown and been trimmed. New plants are constantly being added to the palette. Irwin’s statement “Always changing, never twice the same” is carved into the plaza floor, reminding visitors of the ever-changing nature of this living work of art.

 The Getty Center

Free | No ticket required

 This 45-minute site tour explores the legacy of the Getty Center’s groundbreaking architecture from concept to construction to its opening in 1997. Meet outside the Museum entrance on the bench at the top of the stairs.

 

Life & Style – Arts &  Entertainment

Current Exhibitions and Installations

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Arts &  Entertainment – By Joyce Kim – Coldwell Banker

THE GETTY VILLA

  • The Getty Villa is currently being reimagined.Please excuse some temporary gallery closures and restricted access to the Outer Peristyle during your visit. See the most current information to enjoy our many open galleries and special program.

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Getty Center 
Art museum in Los Angeles, California
The Getty Center, in Los Angeles, California, is a campus of the Getty Museum and other programs of the Getty Trust. Wikipedia
Address1200 Getty Center Dr, Los Angeles, CA 90049

The J. Paul Getty Museum commonly referred to as the Getty, is an art museum in California housed on two campuses: the Getty Center and Getty Villa

Exhibits

Michelangelo to Degas: Major New Acquisitions
Until Apr 22, 2018ON NOW
The Getty Museum recently made one of the most significant acquisitions in its history, consisting of sixteen drawings and a painting from a private collection. The group features works by many of the most celebrated draftsmen in the history of European art, including Michelangelo, Andrea del Sarto, Domenico Tiepolo, G…
getty.edu
Robert Polidori: 20 Photographs of the Getty Museum, 1997
Until May 6, 2018ON NOW
Acclaimed photographer Robert Polidori (Canadian-American-French, born 1951), known for his images of architecture and human habitats, created a series of images of the Getty Center shortly before the opening of the multipurpose complex in 1997. Organized to celebrate the twentieth anniversary of the Center, this exhib…
getty.edu
FREE
Getty Center has free admission but parking is chargeable.
$15 flat rate is the parking fee. The same is $10 if you enter after 3pm.
Parking for less than one hour is free

 

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The Room With The View  * Joyce Kim – Coldwell Banker Global Luxury ( SOLD $ 4.5 M)

Home With The View Joyce Kim – Coldwell Banker Global Luxury ( SOLD $ 4.5 M)

Hancock Park LA Home Sold & Leased – Joyce Kim

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