Is Bakersfield an expensive city?

Bakersfield, California's cost of living is 10% higher than the national average.

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Continuing Guaranty of Business Indebtedness with Guarantor Having...

Bakersfield California Continuing Guaranty of Business Indebtedness with Guarantor Having Limited Liability

Category:

Guaranty - Business Indebtedness

State:

Multi-State

City:

Bakersfield

Control #:

US-01116BG

Format:

Instant download

Description

A guaranty is an undertaking on the part of one person (the guarantor) that is collateral to an obligation of another person (the debtor or obligor), and which binds the guarantor to performance of the obligation in the event of default by the debtor or obligor. A guaranty agreement is a type of contract. Thus, questions relating to such matters as validity, interpretation, and enforceability of guaranty agreements are decided in accordance with basic principles of contract law.

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Industries in and around Bakersfield include natural gas and other energy extraction, mining, petroleum refining, distribution, food processing, and corporate regional offices. The city is the birthplace of the country music genre known as the Bakersfield sound.

Dubbed ?Nashville West,? Bakersfield is renowned for its contributions to country music and is the home of many recording artists, including Merle Haggard and Buck Owens. Educational institutions include Bakersfield (community) College (founded 1913) and California State University, Bakersfield (1965).

Living in Bakersfield offers residents a dense suburban feel and most residents own their homes. In Bakersfield there are a lot of parks. Many families and young professionals live in Bakersfield and residents tend to have moderate political views. The public schools in Bakersfield are above average.

In 2021, there were 1.13 times more White (Non-Hispanic) residents (122k people) in Bakersfield, CA than any other race or ethnicity. There were 108k White (Hispanic) and 55.6k Other (Hispanic) residents, the second and third most common ethnic groups. 52% of the people in Bakersfield, CA are hispanic (207k people).

Bakersfield, California's cost of living is 10% higher than the national average.

Bakersfield was first established in 1859. It was originally known as Kern County. The original name of the town was Wheat Fields, and it was later changed to Bakersfield in 1863 named after Thomas Baker who settled on the banks of the Kern river due to the California gold rush.

With a population of around 405,000, Bakersfield saw a violent crime rate of 498 per 100,000 in 2022, which is 27% higher than the national average, ing to the study. In 2022, there were over 15,500 incidents of property crime in Bakersfield, PropertClub says.

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Bakersfield California Continuing Guaranty of Business Indebtedness with Guarantor Having Limited Liability

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