November 18, 2012 |
The typical real estate sales contract includes not just a price and a closing date but also a number of clauses, any of which can trip up the buyer or seller and scuttle the deal. Although contract language may vary from one place to another — not just state to state but also county to county, and sometimes even from one company to another — here's a quick rundown of some clauses or "conditions" that are likely to cause the most trouble: • Financing. Perhaps the most common contract condition makes the transaction contingent on the buyer obtaining either a mortgage or a written commitment in the amount required to complete the purchase within a certain time frame.
May 23, 2013 |
Repairing the iPhone 5 costs far more than fixing its predecessors because of Apple's tight control over the parts that make up its newest phone, according to a new report. In some cases, just repairing an iPhone 5 screen can cost $30 more than the entire phone that's been purchased for $200 with a two-year service contract. Normally, users can turn to third-party shops to fix their iPhones. But many phone shops are not willing to repair the latest iPhone because of the high costs of parts, Marketwatch reported . The repair firms that do work on the iPhone are charging as much as Apple, or even more, to fix the phone.
March 24, 2010 |
The stakes are huge when it comes to regulating the use of fossil fuels in California. We need serious, credible analyses in order to understand the economic effects of new laws and proposed legislation. Unfortunately, in California, one highly flawed estimate of costs to consumers and small businesses is distorting the debate. Cited again and again by opponents of California's global warming solution law, AB 32, the Varshney/Tootelian report estimates that this law will cost small business $50,000 a year and each household $3,857 a year once the new rules kick in. We each independently analyzed the economic projections made by Sanjay Varshney and Dennis Tootelian -- Cal State Sacramento business school dean and marketing professor, respectively -- and came to this conclusion: Their estimates are highly biased and based on poor logic and unsound economic analysis.
CALIFORNIA | LOCAL
March 19, 2014 |
SACRAMENTO - The longer California's leaders delay shoring up the cash-strapped teacher pension fund, the more money it will cost taxpayers in the long run, according to an analysis presented to lawmakers on Wednesday. If lawmakers and Gov. Jerry Brown eliminate the fund's $71-billion shortfall over the next 20 years, the extra contributions needed from the state, schools and teachers would total a little more than $180 billion in that time period. But if they put forward a 60-year plan, the total cost would be $622.8 billion.
April 1, 2009 |
Reversing a long-standing practice, the trade and lobbying arm of the Hollywood studios won't disclose the average costs of making and marketing movies. For years, the Motion Picture Assn. of America has annually released a statistical analysis showing average movie costs of its six members, made up of the major studios and their specialty film labels.
August 3, 2012 |
WASHINGTON -- The U.S. Senatehas paid tribute to National Chess Day. Now it's Sen. Jim DeMint's move. The South Carolina Republican and several of his Senate colleagues have introduced legislation that would require senators to pay for such commemorative resolutions out of their office budgets rather than from the U.S. Treasury. The money comes from the taxpayers in either case, but DeMint says the printing of symbolic resolutions has "gotten out of hand. " His fellow senators are likely to be more judicious about introducing such resolutions if they have to dip into their office budgets to pay the printing costs, he says.
February 20, 2009 |
You've heard the stories about professional athletes so competitive they can't bear to lose, even at pingpong. But let's just say they didn't become professional athletes. Do you really want to work with anyone who isn't mature enough to shrug off being No. 2 at table tennis? And why is it, Washington Post columnist Sally Jenkins wonders, that so many of the culprits in the Wall Street mess seem to be frustrated former athletes?
CALIFORNIA | LOCAL
February 23, 2014 |
A Los Angeles City Council member wants to allow owners who seismically retrofit apartment buildings to pass on the costs to tenants. Councilman Bernard C. Parks said he wants the city to explore exempting these apartment owners from the city's rent-control law as part of a larger effort by city officials to strengthen thousands of buildings vulnerable to collapse during a major earthquake. Under existing laws, only 50% of the cost of major apartment rehabilitation projects can be passed through to tenants, Parks said.
August 23, 1997
"Payout Time for the Peacock Network" (Aug. 18) reports that costs of shows like "Seinfeld" and "ER" are escalating, so that "Seinfeld" now costs NBC more than $4 million per episode, and that advertisers are paying more than $1 million per commercial minute. But where does NBC get the money to pay these rates? Or better yet, where does the advertiser get these sums? The answer is shocking. Built into the unit cost of every tube of toothpaste, can of beans or tank of gas you buy are prorated costs not only for the manufacture of the product but also transportation to market, sales force and, yes, advertising.
CALIFORNIA | LOCAL
March 16, 1986
The March 2 article, "Penn Defense Could Rank With County's Most Costly" by staff writer Glenn F. Bunting, comparing Sagon Penn's defense costs with the salary of a deputy district attorney presents a distorted picture of the financial cost to the taxpayer for this tragedy. Mr. Bunting failed to include the cost of the police investigation, reports of which are given to the D.A. for use in prosecution, and the expenses of the D.A.'s office in investigation, retained experts, other lawyers, and staff personnel contributing to the prosecution effort.