Contract wars calculator3/6/2023 As soon as the lawyers are in touch, the seller’s attorney will prepare a draft purchase contract and contract rider to send to the buyer’s attorney. This transaction summary is often called a deal sheet. Please confirm receipt and let us know if we can do a deal! Thank you!Ĭongratulations on getting an accepted offer! Your buyer’s agent will work with the seller’s agent to circulate a transaction summary to the lawyers representing both parties. reverse of a residential leaseback agreement or seller occupancy post closing agreement)? He’s leaving his current place in 2 weeks, and since your client’s place is empty why not earn some income? He’s happy to post a deposit and rent etc in advance. Lastly, would the seller be open to essentially renting the place to him in advance of a closing (i.e. Furthermore, the buyer for his Meatpacking District condo has received a mortgage commitment letter which means there really aren’t any hurdles left. As you can see from his financials, our client will have no debt of significance after his sale closes, and he’ll have assets in excess of the contemplated purchase price here. His official titles are Senior Vice President, Head of Commercial Real Estate. Jim works at Dorian Bain Private Bank and is the head of their commercial real estate division. However, that deal is already in contract (please see attached for a fully executed contract). This offer is also contingent on the sale of his current condo in the Meatpacking District. The offer is contingent on financing, but Jim can put down up to $2,000,000 if need be. Support the Santa Barbara Independent through a long-term or a single contribution.Hi George, we are pleased to submit the following, full asking price offer of $3,000,000 for 111 East 68th Street #3A on behalf of our client Jim Barbie. This year it was a 3.8 percent increase, which is not keeping up with inflation.” Credit: Jean Yamamura “We’re getting closer,” he was able to say, “but the challenge is that we get whatever the state government and Department of Finance give us. Their existing one-year contract had expired as negotiations were ongoing, said Parker, who added that the bargaining rules kept him from giving details of the talks. With two children, that rose to $50 for a four-person family with one adult working, and $31 if both adults worked.Ĭourt administrator Darrel Parker expressed sympathy for his workers’ struggle, saying he knew many of them commuted from Ventura and Oxnard and were affected by the skyrocketing price of gas. In the first quarter of this year, a living wage for a single person in Santa Barbara County was said to be $25 an hour by the MIT Living Wage Calculator. In a press release, the union stated that inflation had risen by 7.8 percent this year compared to this time last year in the Los Angeles metropolitan area. “The Superior Courts are state funded,” he said, “but the courts have discretion in how they use the money they get.” He stated that San Luis Obispo offered its court employees a 7 percent increase. “Courtroom clerks and court reporters keep the courts running,” said Becky Hoffman, “but we cannot recruit or retain qualified staff.” She added that as a courtroom clerk, their work was not entry level: “Court clerks maintain the minute orders of each courtroom proceeding and keep the judicial process moving.”ĭarryl Scheck, executive director for SEIU Local 620, said the union represented about 150 employees whose average pay was about $24 an hour for skilled jobs. As they marched out to circle the courthouse block, several munched on a slice, provided by their SEIU Local 620 organizers.Ī member of the Service Employees International Union bargaining team said the $50,000 or so that courtroom clerks earned as a starting salary wasn’t enough to cover rent and family costs. An aroma of pepperoni pizza drifted through the archway at the Santa Barbara courthouse as about 50 Superior Court employees gathered during their lunch hour to demand a new contract, specifically one that would raise their earnings to a living wage.
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