Find Out More About the Santa Monica Canyon, Ocean Park, and Sunset Park Area Economy & Job Market
Our economy is extremely strong. Santa Monica has long been a popular destination of tourism and an integral part of our economy. Santa Monica is an economically successful city with over 16,000 businesses which collectively generate almost $8.4 billion in gross annual income. About $2.3 billion of sales are in the retail sector. There are an estimated 70,000 jobs in Santa Monica. The largest number of jobs are found in the Accommodation & Food Service Industry, Professional Scientific & Technically-Skilled Sector, and Retail Trade Industry. Recently, we have enjoyed a significant growth from the entertainment industry from MTV to many small studios.
Real Estate Contracts >Sales Contracts
The purchase or sale of a home is one of the most complicated business transactions most people will be involved in during their lifetime. Whether the print is large or small, there is a lot of it! The purchase agreement covers not only the price of the property, but has many paragraphs governing the terms under which it will be conveyed to the new owners.
When you list your home for sale or when you begin your search for a new home, ask your real estate agent for a copy of the standard sales agreement. Familiarize yourself with the document ahead of time, and make certain you understand the responsibilities of both parties between the initial meeting of the minds and the closing date. You should be aware of all of the deadlines in the purchase agreement. Each contract is different, but there are usually time limits covering the structural contingency, the financing application, the loan commitment, and the closing.
You greatly increase the chances of a smooth transaction by being fully informed about the sales contract.
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| Q |
Originally incorporated under the name Georgiana, what is the oldest incorporated city in the United States?
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| A |
York, Maine, which received an English charter in March 1642, is the oldest incorporated city in the U.S. |
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