Contra Costa California Addendum for Purchase of Other Property by Seller

State:
Multi-State
County:
Contra Costa
Control #:
US-00472-A6
Format:
Word; 
Rich Text
Instant download

Description

This is an addendum to a Real Estate Purchase Contract. The addendum makes the purchase contract contingent on the Seller's purchase of other property by a date certain. Ideal if Seller needs to find another place to live before selling current residence.

How to fill out Addendum For Purchase Of Other Property By Seller?

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FAQ

Escrow charges: Home buyers in Contra Costa County typically pay their escrow-related fees as part of closing costs. These fee are paid to the title or escrow company that handles the closing, to cover paperwork, processing, and the exchange of funds.

Filings can be submitted in person, by mail, or dropped off in our inbox in front of our building. A confirmation number will appear on the upper right portion of the printed filing, and this will be used to complete your online submission once we've received the signed form and payment.

Transfer tax is collected on sales, exchanges, legal entity changes of control and leases of more than 35 years (including options) among other forms of transfers. In Northern California the seller of the property customarily pays the transfer tax during the escrow process.

HOW MUCH WILL THE BUSINESS LICENSE COST? For most businesses, the license fee is $100 per entity plus $10 per each full-time equivalent employee over one. For amusements and itinerant businesses, the fee is $100 per day. The Tax Collector's Office assigns all rates.

Real Estate Transfer Tax: Total: $1.10/per $1,000 property value (comprised of City Rate: $0.55/per $1,000 property value plus County Rate: $0.55/per $1,000 property value).

CITY OF SAN PABLO WEST COUNTY WASTE WATER DISTRICT SANITARY SEWER LATERAL COMPLIANCE: All Properties serviced by the West County Wastewater District (?WCWD?) must have a video inspection of the sewer lateral prior to the Close of Escrow unless there is a Certificate of Compliance on file with the WCWD.

File a Fictitious Business Name Statement Registered business owners (registrants) can now file their Fictitious Business Name (FBN) completely online! Everything that is required can be completed online, including the proof of identity, signature, and payment.

Purchasers of property at the tax sale must also pay a Documentary Transfer Tax on the amount of the bid. The tax is based on the rate of $. 55 for each $500 or fractional part of each $500 when the bid exceeds $100.

Filings can be submitted in person, by mail, or dropped off in our inbox in front of our building. A confirmation number will appear on the upper right portion of the printed filing, and this will be used to complete your online submission once we've received the signed form and payment.

California counties that allow intercounty base value transfers: Alameda, Los Angeles, Orange, Riverside, San Bernardino, San Diego, San Mateo, Santa Clara, Tuolumne, and Ventura. Since these counties are subject to change, we recommend you contact the county to which you wish to move to verify eligibility.

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Contra Costa California Addendum for Purchase of Other Property by Seller